DeGRAM

DeGRAM | GBPUSD running out of steam

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD failed to make a higher high and a higher close above the major resistance zone 1.1900.

The market broke out of the ascending channel and created a triangle pattern at resistance.

The pattern indicates that the bulls are running out of steam.

We might see a pullback and a return to the channel.



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