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GBPUSD 1HR ANALYSIS
- Price is moving within an ascending channel.
- A pattern within a pattern has formed at the top of the structure which signals a strong reversal to the downside targeting the bottom of the ascending channel.
- Sell at the break of the rising wedge.
- N.B. Price might go up for a 3rd touch on the ascending within the ascending channel before going short.
- A pattern within a pattern has formed at the top of the structure which signals a strong reversal to the downside targeting the bottom of the ascending channel.
- Sell at the break of the rising wedge.
- N.B. Price might go up for a 3rd touch on the ascending within the ascending channel before going short.
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