GBP/USD FLAGPOLE
2019-12-02 02:52:35
This pair is currently experiencing consolidation in the form of a flag. The pattern observed is a flag pole breakout. Long positions can be considered in market portraying characteristics of this nature. Long positions can be considered after a break of 1.30 which is currently acting as a psychological barrier for bulls. We expect this breakout to happen after the 12th of December once elections are over.
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