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fxmillions
Jan 17, 2016 9:13 PM

Awaiting consolidation of some sort to trade the breakout 

British Pound/U.S. DollarFXCM

Description

GU is going nowhere. It seems that daily correction was broken to the downside. But if its really the case, we shouldn't have an ending diagonal like structure.
None the less, I will wait it out on this one. But awaiting some sort of consolidation to trade the breakout to either side. Most favorably to the upside.
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