The attached GBP/USD chart shows a type of "diamond reversal" pattern which is a rare pattern which usually appears at the top of a trend and signifies a significant drop. Whether this one will play out or not, nobody knows, but it makes the odds of trading long-term long cable positions rather less attractive. We personally feel that dollar weakness will continue to push the pound higher towards 2.0000 and higher, but note that as we apprach this huge number, volatility and risk will increase considerably.
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Good luck and good trading!
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