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Still a triangle

01 August 2016, GBP/USD

The pair continues to move along the suggested bottom of the triangle. The pound may make the last upward leap to finish the triangle, so it is not necessary to hurry with opening trades.

It is better to wait when the tool pair make make a directed movement and then look for an opportunity to enter, or you can try put a pending sell order on the local price Low.

Still a triangle

Vasiliy Lukin
FreshForex Analyst
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