Wave breakout structure- GBPUSD
Updated
Last days we saw a reject from the price to the resistance level, creating a bearish correction of the last wave. As we see, correction has been broken, and if price stays above the resistance, we can expect a new bullish wave.
Next resistance level-> 1.34
Next resistance level-> 1.34
Comment
Price is moving high as we expected. Our stop loss is moved to breakeven.
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