UnknownUnicorn5944879

27.07.2021 GBPUSD Break up or down?

Long
FX:GBPUSD   British Pound / U.S. Dollar
A triangle formation has formed. The problem here is that it is not a big one and is subject to more risk.

Up or down does not matter since is a triangle and speculation focus on Stop Levels. Even though Upward movement is more probable since the market is moving upwards in general.

Nevertheless, it is expected to break around 9:00 - 10:00 EEST and the Stop levels are indicated by the arrows as always.

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