The triangle has been almost formed | 03 August 2016
03 August 2016, GBP/USD
To be finally formed, the triangle lacks minor details. But we do not exclude that the price will not reach the target and we will see beginning of decline from these levels. But we should not hurry with opening of short positions, it is better to wait until the price makes a sure step down and we should open trades after this correction.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
