Thomaswestw

GBP/USD Wedge Breakout to Continue?

Long
FX_IDC:GBPUSD   British Pound / U.S. Dollar
GBP/USD pierced above Falling Wedge support this week following three weeks of downward price action. Bulls may target the 20- or 50-day Simple Moving Average next week. MACD strengthening across multiple timeframes suggest more upside may be in store.

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