FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD has been moving in this ascending channel for a bit of time now and it is nearing the channel resistance where it will eventually sell after faking out people with a break of the triple top resistance making most retail traders think it is now heading for a buy.This is one of the institutional traders tactics to collect dumb money from the markets

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How would u know this was a fake breakout? I think with the brexit deal price will continue to go higher up to 1.4 ...
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