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Order set at 1.2930 Waiting for price to push back into demand zone
During the last 3-4 weeks, we have been seeing a subdued price action on GBPUSD due to lack of any Brexit related Headlines or meaningful progress. However, looking at the H4 chart, you can clearly identify three things: 1) A DESCENDING TRIANGLE indicated by the light pink area in the chart. 2) A strong resistance trend line(royal blue line) which has stopped...