GBPUSD: Potential falling wedge formation

Long

British Pound / U.S. Dollar (FX:GBPUSD)

FX:GBPUSD British Pound / U.S. Dollar

Trend Analysis Supply and Demand Support and Resistance

trendanalysis supplyanddemand supportandresistance

GBPUSD

The pound may see short term weakening to the demand area highlighted in the chart. Should there be a correction down, the potential rebound point will confluent with a potential falling wedge formation and the demand area

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