GBPUSD Neutral
+ Weekly: Last week candle closed as a hammer candle above 1.3200 monthly after a very long rejection. Pair still looks bullish. Moving averages bullish.
+ Daily: The long-term ascending trendline 4th bounce just occurred. Price tried to break 1.3225 but rejected for a 3rd day and closed as a possible shooting star. Price trapped in a triangle.
+ 4hr: Price is currently in a small range. Could trade inside the range or wait for a breakout.
Comment:
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