Published July 20th, 2009 - 06:59 GMT Al Bawaba A triangle may be in its latter stages in the GBPUSD. Triangles consist of 5 waves (a-b-c-d-e) and the rally from 1.5980 would be wave d of the triangle. Favor the downside to at least 1.6260 near term. LatestPopular FIFA World Cup 2026: England 1-2 Argentina match report and highlights Drone explosion hits US consulate in Erbil, northern Iraq Iranian parliament speaker declares "Existential War" with America 35 killed, over 300 injured in U.S. strikes on southern Iran Trump signals support for Syrian offensive against Hezbollah Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news