GBPUSD was identified at around 1.33963 having recently rebounded of the support on the 15 Minutes data interval. Ultimately, the price action of the stock has formed a Triangle pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 1.3418 level.
Supported by Upward sloping Moving Average
Target: 1.3418 Entry: 1.3396 Stop: 1.3374
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