Took a short on GBPUSD, as price is bouncing off a trendline, also price seems to be hitting the outside of Bollinger Bands and will gravitate to center. Also seems to be a triangle or wedge pattern forming, which indicates the price will move to the center before breaking out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.