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sunnyk92
Mar 18, 2021 9:31 AM

GBPUSD - range waiting to break  

GBP/USDOANDA

Description

Since the finalisation of the Brexit deal, sterling has seen price rocket in the last few months given the optimism and relief of the brexit drama.

Since the recent bullish price action we had slight movement to the downside. We are now stuck in a range . If you look closely, within the range . an inverse head and shoulders can be seen.

If we break the range in either direction and form a continuation pattern we can see price move as directed.

Trade safe!

Sunny Kumar

Comment

Trade playing out perfectly.

Comment

Trade playing out nicely and has hit my first target. I have positioned my stops to breakeven to allow for a risk-free trade

Comment

Personally did not take this trade , but if you we involved in this, you would have achieved 1:1 at the minimum
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