Latest forex analysis - page 21
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After breakout monday to the upside market temporarily reversed and is trending upward in a channel pattern despite the short term selling period.Market will continue to trend upward unless price breaks the temporary support line.Sell if support is broken and buy on a bounce if support holds.
today's gbp/usd 15 min play's
Volatile roller coaster ride of trading today with many trade setups and pattern completions.
gbp/usd hourly outlook
Ascending triangle pattern formed and was completed with a breakout.Now market slightly trending upward as a channel is starting to take shape but is not fully formed .
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gbp/usd daily
After much selling last week the market is in a short consolidation (resting) flag pattern...after which a sharp decline in price as the down trend will resume after breakout.
gbp/usd hourly
After descending triangle break and trend down....A symetrical triangle has taken shape which is further evidence of the coming break to the downside as the 1hour chart A symetrical triangle...is the daily chart ..sell when price breaks support.