TaherJalili

Price Moves Back Into Box,Consolidation

Short
FX:GBPUSD   British Pound / U.S. Dollar
There have been some solid contrarian moves in the last 24 hours.

The GBPUSD is a good example of this with price quickly snapping back below the major resistance level just as quickly as it broke out.

The support level of the recent consolidation and sideways pattern looks a key level for where this market moves next.

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