Lawrence_212

GBP/USD: wait for break out

Short
FX:GBPUSD   British Pound / U.S. Dollar
The overall trend is bullish. But from the 4hr chart we have an ascending triangle close to the support. It will be interesting to watch how this plays out. But I feel the bears will this one atleast for a short term.. To be on the safe side wait for a breakout or better confirmation.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.