July 14, 2025
Trade ideas
GBPUSD, Daily
In the Daily timeframe, GBPUSD formed a rising wedge pattern, and the price fell towards the lower trendline, crossing MA50. The Chaikin also fell below 0, but the %R indicates a major oversold pattern.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Egor Schmidt
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