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I've been trading for 15 years, so I have a lot of things to share. I use the classic technical analysis, which is one of the most powerful tool for any trader.

GBP/USD: flat in the "Triangle"

GBP/USD: flat in the "Triangle"

The price has been moving in a flat’s range along a resistance at 1.3226. Also, we’ve got a “Triangle”, so the pair is likely going to move up towards the 89 Moving Average. If bulls be stopped here, there’ll be a chance to have a downward movement, so we should keep an eye on the next support at 1.3116 – 1.3015.

GBP/USD: flat in the "Triangle"

As we can see on the one-hour chart, there’s a flat in progress. It’s likely that the market is going to reach the closest resistance at 1.3313 – 1.3336 in the short term. If we see a pullback from this area, bears will probably reach the next support at 1.3104 – 1.3063.

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