Bearish Divergence / Momentum Ending

Long

British Pound / U.S. Dollar (SAXO:GBPUSD)

SAXO:GBPUSD British Pound / U.S. Dollar

We have been in a downward wedge for a while now and over the last week have been experiencing the effects of some Bearish hidden divergence that has now played itself out. EU/GB TRADE TALKS START NEXT MONTH, We can hope for some increased IV for GBP pairs.

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