Thu, 14 Jul 2016 10:56:13 GMT
GBP/USD 1H Chart: Rising Wedge
The Pound has formed a rising wedge pattern against the US Dollar, as the currency exchange rate has been rising since Monday, July 11, and the pair confirmed the pattern's support line for the second time on July 14. At the moment, the exchange rate faces the weekly R1 at 1.3268 on its way to the pattern's upper trend line,