gbpusd reached 1,5530-40 area which represents strong resistance point. W and M trends are down. Last month we saw nice Fibo retracement and the wedge is becoming very narrow now so not much more space to dance ove there. Wexpecting some serious move down soon. Trade offeres nice RRR 1:4.
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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.