BeaucoupPips

Rising Wedge coming to the end, break is imminent GBP/USD

FX:GBPUSD   Brittiska pund/Amerikanska dollar
Although the market is in a long downtrend, it showed a reversal and started forming higher highs and higher lowers. However, don't get happy just yet as the market failed to break through my major key level, but still managing to make higher lows, still on insistenting a temporary uptrend. As you can see it bounced off my counter trendline multiple times but again failed to break the key level, as the wedge becomes tighter, you can possibly grab a few pips but it's best to sit this one out and wait for the outcome, gotta catch theses pips boi.
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