watching price action in this buy zone on the lower time frame looking for a rotation pattern to get in a small buy trade targeting the upper resistance line of this wedge or channel
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____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
On GBPUSD price is currently in an uptrend on all timeframes.
Right now, the pair is at significant resistance on the Daily chart , where we expect a breakout.
There were comments yesterday on BOE possibly increasing the interest rate, which led to this upside impulse.
And this move could now continue to 1,4258 and 1,43
You could enter now with a lower risk and add to your position, once you have a clear breakout of the resistance.
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