GBPUSD – Highlights an Ending Wedge

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Posted Mixed Daily results for the last 34 days Due to an Ending Wedge formation, we continue to treat extended losses with caution Bullish Outside Day posted, a pattern that often indicates the end of a bearish run and the start of a new upward bias Our medium term bias is bearish below 1.2690 towards 1.3145 The formation has a measured move target of 1.3174 ...

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