NDOBObanks

GBPUSD Falling Wedge Breakout

Long
SAXO:GBPUSD   British Pound / U.S. Dollar
The pair is already in an uptrend on higher time frames. We expect further upside which is signalled by the breakout of the falling wedge pattern. We can also see the formation of a new high and a breakout of a key level which further supports our directional basis. Entry on the retest of the key level.
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