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UnknownUnicorn5944879
Jul 27, 2021 4:59 AM

27.07.2021 GBPUSD Break up or down? Long

British Pound/U.S. DollarFXCM

Description

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.

Comments
UnknownUnicorn5944879
Opp seems that it went all the way down. Success!
UnknownUnicorn5944879
Success! Correction, next stop 1.38 should be.
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