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BeerTrend

GBPUSD ascending on the way?

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
BeerTrend  
FX:GBPUSD   British Pound / U.S. Dollar
Wave Analysis
7
0
waveanalysis
I dont see any fundamental reasons for GBPUSD to break the yearly high, but technically it is possible.
We jsut broke out of descending wedge (Wave C) and could be developing a Wave 3 which points above the yearly highs.
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