GBPUSD - Rising Wedge at daily time frame - A Reversal Pattern
Thee price hitted the strong monthly resistance zone, and on daily tme frames formed a structure called "Rising Wedge", this may be signal of a reversal movement at least to the bottom of the trend line or even to tst the montly trend line which was broken previously.
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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.