GBPUSD: Selling on the wrong track

GBPUSD Update

Bearish channel resistance failed to hold
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Prices have broken out of the top of the channel
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Black support polarization failed
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The pull back did not work and the rising support remains rising support
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A bullish channel (green) has taken over
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Bullish bounce on support more likely than bearish continuation

Case to follow ...

Trade stängt: Stopp nått:

Scénario invalidated