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Important resistance line being approached by GBPUSD. This price has been tested numerous time in the last 10 days

Emerging Rising Wedge pattern in its final wave was identified on the GBPUSD 4 hour chart. After a strong bullish run, we find GBPUSD heading towards the upper triangle line with a possible resistance at 1.3010. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.

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