STRONG BULLISH MOMENTUM FAVORS THE POUND
A RETEST ON THE DOWNTREND LINE LOOKING FOR A BREAK INTO THE UPSIDE. WE WAIT FOR CONFIRMATION OF A CANDLE CLOSING ABOVE THE DOWNTREND LINE THEN WE CAN LOOK AT GOING LONG OR SHORT SHOULD A STRONG REJECTING CANDLE FORMS ON THE DOWNTREND LINE. NB ALWAYS REMEMBER THE IMPORTANCE OF DYOR (Do Your Own Research) before validating someones ideas.
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