GBPUSD hard not to miss the wedge! 11.08.2021
It seems that a downward wedge i formed, period of 4 Days which is quite long.
However, a breakout of 1.3820 might actually push the price to a freefall until the level 1.3780.
For a more conservative approach the first stop level of positions should be at 1.3800.
The price move will be more probable if the CPI report today 11.08.2021 at 15:30 EEST will be in favor of the dollar.
However, a breakout of 1.3820 might actually push the price to a freefall until the level 1.3780.
For a more conservative approach the first stop level of positions should be at 1.3800.
The price move will be more probable if the CPI report today 11.08.2021 at 15:30 EEST will be in favor of the dollar.