Gelium

GBP: Consolidation.

Short
Gelium Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
The bad news background for the UK is not favorable for long positions. Therefore, I am only considering a short position.
Order cancelled:
Consolidation has been broken upwards. I will not dare to stand long, although in terms of the technique, consolidation can work upwards.
Comment:
The decision to refuse to work upwards on the breakdown of consolidation, due to the negative news background, was an adequate decision in the current environment.

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