DeGRAM

DeGRAM | GBPUSD in consolidation

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is currently in a descending channel, but on the 4H timeframe, it's consolidating.

The price rebounded from the strong support at 1.19300. The market created a bullish harmonic pattern .

We expect further consolidation until a new trend is confirmed.


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