Hello Price Action Traders.
A good price action setup has consolidated in the Gbp/Usd pair. In the last trading days we witnessed a strong upward rally started from 1.4830 until 1.5250 and then break up this area and form one of my forex trading signals. This clear price action trading signal indicates consolidation between 1.5250 and 1.5350. The bullish break of 1.5350 may cause upward movement with into first resistance area located just below 1.5500.
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