FX:GBPUSD   British Pound / U.S. Dollar
On the hourly chart, the price has down-trended strongly from 1.31744 in a descending triangle , yet rejected from 1.29673 where there is clear support as highlighted. The price then shot back upwards and closed outside of the negatively correlated trend line , forming a right angled-triangle, indicating a strong upward movement.


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