ForceFollower
Short

Cycle High at Resistance

FX:GBPUSD   British Pound / U.S. Dollar
186 0 0
We're at or close to the cycle high that may spawn a decline to the bigger-time-frame median line (dark red). Strong resistance expected at 1.53000. To me this pair is still in a long-term down trend. The recent rally looks wedgy, which supports the reversal expectations.
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