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Interesting opportunity for GBPUSD.
After a very positive session on the Cable, it is likely to make a Pullback to 1.3220 and then go up to 1.3335
Here is an interesting Failling Wedge in GBPUSD on H4.
Good trades and Happy New Year
If the markets break they break, we risk having a new bullish acceleration with the following objectives:
Have a nice day
Rebound to 111.50-111.60 then a new deceleration towards the objectives:
TP1 - 110.50 then
TP2 - 110.00
The GBPUSD broke yesterday oblique support. Objective: Bearish scenario towards a TP at 1.2800
The prices on USDCAD are currently failing on oblique resistance. Alternative scenario, in the event of a break, risk of a bullish acceleration
The pair AUD/USD is currently in a bearish channel with a bullish divergence
BreakDown & Divergence
Pattern at right angles.
The highest objective inside.
The price broke the oblique support. Direction 136.50
The figure in Daily seems to show a shoulder-head- shoulder inverted.
Inverse Head and Shoulders
Break the Tradenline - Long
The cross is on the Support.
If it's broke, Short the GBPJPY.