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GBPUSD broke out of a falling wedge 6 bars ago under a 4 hour downtrend. Below 1.34767 the break has failed.

GBPUSD=X · 5M · read on 2026-09-15 · Broke above 1.34767 6 bars ago. No retest yet.

What the read found

Trend: a series of higher highs and higher lows over the window, 3 steps across 30 bars, still intact
Formation: falling wedge — Broke above 1.34767 6 bars ago. No retest yet.
Decides above: 1.34927 (the measured move)
Decides below: 1.34767 (the breakout)
Support: 1.34730
Support: 1.34703
Level history: The last seven times price reached 1.34730 it held every time, bouncing 0.1% on average.
Level history: The last two times price reached 1.34703 it held every time, bouncing 0.1% on average.

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Every figure on this page was computed from the real candles up to 2026-09-15. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns