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Jeff_Wheelwright
Apr 20, 2016 9:12 AM

GBPUSD is slowly breaking above a declining trendline Long

British Pound/U.S. DollarFXCM

Description

GBPUSD is breaking above a declining trendline that may become support again. Large H&S pattern is still valid, its target coincides with yearly pivot point @1.507. GBP won't decline despite worse than expected job data, Brexit polls shifting in favour of 'remain', COT data - everything looks bullish for GBP at the moment.

Comment

Halfway in just 10 days. And no (zero) likes so far? Poor me. :D
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