This ABCD pattern compliments the previous breakout to the upside.
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GBPUSD breakout pennant/flag structure?
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GBPUSD pennant abcd

Will we see a breakout to the upside?
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61.8 retracement invalidated, however this ABCD pattern may still be valid with the c-retracement at 50%, and target being 150% fib.
AB=CDFibonacci RetracementGBPUSDgbpusdlong

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