GBPUSD: Your Trading Plan Explained 🇬🇧🇺🇸

28 בנוב׳ 2022

GBPUSD is approaching a wide horizontal zone of demand.
To catch a bullish move from that, watch an expanding wedge pattern on 1H time frame.

If the price breaks and closes above its resistance, a bullish movement will be expected.
Initial target will be 1.2122.

Be patient and wait for a breakout.
It may initiate from any point within the underlined area.

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