MtxTrader

GBPUSD Price Following Prediction...so far

Short
FX:GBPUSD   British Pound / U.S. Dollar
A possible 50 pip short has emerged based on my previous analysis this weekend. Price has reached the resistance area of the symmetrical triangle. After a bearish candle forms on the 1h, I will short. If price breaks out at any point, watch for a bounce from or a breakthrough the horizontal support and resistances surrounding the triangle.
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