GBPUSD Forming Bullish Flag
Updated
GBPUSD appears to be consolidating in a bullish flag pattern, indicating a potential breakout on the horizon. Traders are closely watching this formation, anticipating a surge in buying momentum. As the price coils within the flag's boundaries, market participants await confirmation of the upward move. A breakout above the flag's resistance level could signal a bullish continuation, prompting further upside momentum in the pair.
Trade closed: target reached
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