60 Minute Bars
Prepared by Jamie Saettele
The GBPUSD has found support and has exceeded trendline resistance. What’s more, the rally from the low is an impulse (5 waves). The risk is that the rally could have completed an expanded flat from 15325 (making the impulse a c wave). The bearish implications from the EURUSD triangle favor the expanded flat interpretation (bearish).
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