Trader-TO

GBPUSD 11-15 Week Analysis [October] Up Trend Direction?

Trader-TO Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Here I have re-evaluated the uptrend lines and noticed the current downtrend could be just a retracement for longer term uptrend. Therefore the price action may trend side ways towards the up trend line and then hit up wards. Thoughts?
Trade closed: target reached:
Interesting the trend line did follow the rise and fell later on.
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