MwendwaFX

GBPUSD on a consolidation zone

OANDA:GBPUSD   British Pound / U.S. Dollar
The pair may either rally or drop from the consolidation point and make a good move from that zone but only after a retest. The consolidation channel has been valid in one week, one day , 4hr , 2 hr and 1 hr tfs a clear confirmation that the trend is building strongly
we apply WBT (WAIT BREAK TRIANGLE) and retest and either short or long it depending on the side the break out occured
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