GBPUSD is a popular Forex pair that covers 9.6% trading volume pair. GBPUSD has been moving in the falling wedge and soon seems to give a breakout. RSI is moving in the range of 30-50, showing the consolidation region. By looking at the chart structure, it gives a breakout soon.
Reason:
  1. Trading at strong support Zone.
  2. Has been in falling wedge pattern(Bullish) for past 2 months.


Verdict:
In Accumilation MODE

Plan of Action:
Wait for the breakout.
Chart PatternsGBPUSDgbpusdanalysisgbpusdanalysisdailyTechnical IndicatorsTrend Analysis

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