WaveSavvyTrades

GU is approaching resistance zone: Massive shorts AHEAD!!!

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FX:GBPUSD   英鎊 / 美元
This symbol has been trading in a rising wedge and the price is approaching the resistance of the wedge which is also in confluence with the resistance zone of 1.2150 - 1.2250. Further, the RSI is also contributing to the bearish bias by signalling overbought. If price reverses at the resistance zone, then it may be possible to realise TP1 - TP5.

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