GBP/USD Follows Rising Wedge Pattern

<p>The GBP/USD exchange rate continues to follow the rising wedge pattern. From a theoretical perspective, it is likely that the currency pair could re-test the lower pattern line circa 1.3600. If the given pattern holds, a reversal north could occur. Meanwhile, note that the exchange rate could gain support from the 200-hour SMA and the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/355590-gbp-usd-follows-rising-wedge-pattern/">GBP/USD Follows Rising Wedge Pattern</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>