gbp/usd - rejection case
there is a rejection of horizontal resistance zone + resistance trendline. personally will expect a retracement to the horizontal support zone on 1.22125 if we get the 1.26360 level crossed to downward and candle closes below.
invalidated only if we get a confirmed breakout of 1.27820, this way the resistance trendline + horizontal resistance zone are broken and mid term trend can change
invalidated only if we get a confirmed breakout of 1.27820, this way the resistance trendline + horizontal resistance zone are broken and mid term trend can change
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