GBPUSD reversal from the key level

GBPUSD rejected from 1.3600

 

GBPUSD has been rejected from a key 1.3600 level. This is a strong upside resistance now and the pair formed a rising wedge with a 1.3500 handle being the downside reversal resistance. A break below this level would lead to a strong pullback.

Note: look for the short trade entries with the stop loss above 1.3580.

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