GBPUSD | Failed to Cross in Ascending Channel

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Price failed to cross back into an Ascending Channel. If this failed attempt will be confirmed by candle's close we can expect the lower boundary of the Ichi Cloud will be tested.

In case we have a confirmed breakout of the Ichi Cloud we can initiate a short position

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.