Thomaswestw

GBP/USD Wedge Breakout on the Cards

Long
FX_IDC:GBPUSD   British Pound / U.S. Dollar
GBP/USD Falling Wedge pattern is in play. An upside break may be on the cards, with MACD and RSI flashing positive signals on the 4-hour chart. The 20- and 50-day Simple Moving Averages may provide upside targets if a breakout does occur.

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