FX:GBPUSD   British Pound / U.S. Dollar
Recent price shows a broken and retested falling wedge formed out of a cup and handle formation. We have seen an ascending trendline which will lead which also lead to a formation of a double bottom. I will enter this trade once price closes above that zone above (might come back to retest the trend line or not) with my take profit and stop loss in positions to ensure proper risk management. The trade idea will be invalid once price reaches the invalid trade area.

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