nikitafen46

GBPUSD Symmetrical Triangle Inside a Sideways Channel

FX:GBPUSD   Pound Sterling/U.S. Dollar
There is no Long/Short bias on this pair based on the setup, however, all GBPxxx pairs are considered bearish in the long run. When price eventually breaks out of the triangle, it will have to deal with the horizontal resistance at 1.2326 and the horizontal support at 1.2087. From there I will probably post another analysis.
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