ascending broadening wedge in GBPUSD
The weekly candles on GBPUSD point to a clear ascending broadening wedge pattern. The last wave reached the price of 1.3220, which corresponds to the upper boundary of the wedge pattern. I expect another bearish wave to start soon and reach at least the 1.28 area.
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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.