GBPUSD currency pair is getting closer to the rising trend line lead of this year’s lows. The sequence of recent highs is clearly falling, while the holes are formed in the vicinity of the support at 1.3060.
Breaking both the trend line and horizontal support may trigger more offers. If there is a rebound and appears in the sequence of higher highs and higher lows, the price may refer to the upper limit of the potential triangle formation to test them.
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