GBPUSD has formed a rising wedge pattern, and we are currently observing a bearish breakout occurring along the lower boundary of the pattern. Our analysis suggests that the price is likely to undergo a retracement, approaching the 50% level on the Fibonacci retracement scale, considering the recent bullish trend.
champsmoneyconceptsChart PatternsCMCForexGBPUSDTrend AnalysisWave Analysis

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