GBP/USD Bullish Accumulation Macro Development

FX:GBPUSD   British Pound / U.S. Dollar
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Here we can see price accumulation occurring and prices holding above a two month trend line since December 28, 2018. Mere observation shows a trend change is approaching, however no risk should be taken on until the appropriate pivot point develops itself. Once developed, the payoff is expected at 1:2. I will add an update to the pivot price level when the market confirms. Trade at your own risk, this is only an idea and not advice.


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