Now this analysis start from a key level around 1.30500 area that s the resistence that rejected the price recently and if we go back in 2016 for examle you can see what this resistence has done and how much is important! now in conflunce we ve break of the we have formed a consolidation pattern and we ve break it also coming down! i m thinking that maybe new cycle is coming for this pair and gbp in general so no we wanna see as confirmation the break of the corrertion before going in without a clear break n retest there s no trade!!!
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Let s see and wait this one!