Emerging Falling Wedge detected on GBPUSD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 1.32027 and it is expected to move to 1.3139.
Supported by Downward sloping Moving Average
Target: 1.3139 Entry: 1.3203 Stop: 1.3237
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