fxstraderomi

GBP/USD - awaiting breakout

FX:GBPUSD   British Pound / U.S. Dollar
2
The GBP/USD pair is now moving in a sideways channel after having breached the rising channel on the hourly chart. It remains to be seen if the pair sees a bearish/bullish break.

In my opinion, the odds of a bearish break are high, but that does not mean i shall shy away from entering long in case the pair breaks above the sideways channel

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