The GBP/USD could have peaked at 1.5067 on Wednesday. Each of the 3 previous peaks on the 4 hour chart show a divergence on the ADX (a sign that the trend is less strong during each wave). We closed on Friday right in the Ambush long area from the last move up from last Friday. If we break down here a bit, the short term trend change will be confirmed by breaking below Price Level 3.
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