GBPUSD, My Expectation
Similar to EURUSD, GBPUSD has also run into a wedge and has begun it's downtrend after meeting resistance at 1.38852. I expect it to pullback to the bottom of the wedge at 1.38296. As this market is really volatile at the moment, I would advise that we wait for a breakout from the wedge before opening any positions.
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