💷💵 GBP/USD Breakout from Triangle Before Declines
💷💵 Nearest strong support zone: around fibo level 0.236 of the downtrend wave.
💷💵 Nearest strong resistance zone: around recent peaks.
💷💵 Technical environment:
📊 Moving averages: Downtrend
📊 MACD: Downtrend
📊 RSI: Uptrend (divergence)
📉 The scenario I am playing out is a breakout from the triangle followed by a continuation of declines. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, In case of a change in perspective I will publish a post with an update, so I encourage you to actively follow the profile and carefully read the description.
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