WillSebastian

Pound ending the pounding..

Long
FX:GBPUSD   British Pound / U.S. Dollar
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Here is a great example of bottoming out on lower TF's.

Any asset can have this price action occur, which is a good indication its running out of steam.

Instead of steep movement, it becomes a lot more flat and candle wicks appear.

Price direction is noted by our directional arrow.

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