wmforex

GBPUSD .... weekly chart

Long
FX:GBPUSD   British Pound / U.S. Dollar
= Overrun up a declining price channel.
= Attempts to cross the neckline of a two-bottomed pattern.
===========
= Buy only ......
/// The price channel targeting is 1.71386 (blue).
/// If the neckline crosses the two bottoms (level 1.42145), it will go up to 1.52316 --- 1.56977 --- 1.62910.
====== Important Notes:
*** There is only purchase here.
*** Analysis and buying will fail if the level of 1.37200 is broken.

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