If triangle is broken downward then entry price would be point D of the Gartley pattern, around 0.88470. Target 1: 0.88894 Target 2: 0.89156 Target 3: 0.89546
Stop Loss: Support Area indicated
Note
Triangle broken downward.
Note
Moving to BUY ZONE
Order cancelled
Failed to complete the pattern due to fundamentals. "The pound slumped after the Bank of England’s hawkish rhetoric failed to convince markets of a brighter economic outlook" (Bloomberg).
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