GBP/USD - ASCENDING WEDGE | LOSING MOMENTUM / REVERSAL PENDING
- GBP/USD has been losing steam and momentum after breaking through to multi year highs over the past few months
- Price has caught itself up in an ascending wedge which may break in due time
- Mid & long term price action expected to be bearish however price may still consolidate on the daily timeframe over the week or fortnight
- 2 Immediate targets have been set based on historic support and key volume zones