The pair is stuck in a bearish rising wedge since the beginning of December. A clear break of the lower trend line will confirm a down move to 1.25 and 1.247 in extension.
brexitChart PatternschartsdollarGBPUSDpoundRising WedgesterlingTechnical AnalysisUSD

Ramzi Abou Abdallah, CFTe, CMT

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