The pound has broken out of this long term falling wedge against the dollar and therefore indicates that the pound may continue to strengthen.
Note
Looking for a break above the the 1.425 area before opening a buy position
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.