GBPUSD triangle coming to an end

British Pound/U.S. DollarFXCM

Description

⋅ Apr 20, 2016 1:41 PM

GU is coming to the end of the triangle, signalling a possible breakout soon.

If it breaks the triangle up, bullish breakout
If trendline holds, short position to bottom of triangle and wait to see if it holds.
If it breaks down, bearish breakout.

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