GBPUSD - Shorty On The Momentum

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Hi,

Based on the 4H Chart, we can see double top, the trendline breakout, the inability of breaking out the resistance and now, a triangle for the stronger movement of the USD.

A triangle might signal to go up or down. However, due to the recovery in the US Job Market and Biden Stimulus passed, I am going to treat the triangle as the continuation of the downtrend.

Happy Trading!
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UK Property Report Cancelled the Trade.
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