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FX.co ★ GBPUSD Double Top Reversal?

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Forex Analysis

2023-03-07T16:41:04
iconRelevance until2023-03-08

GBPUSD Double Top Reversal?

GBPUSD Double Top Reversal?

GBPUSD just formed a double top on the D1 time frame, breaking a key support at 1.1936 which is also a key 23.6% Fibonacci retracement level. This could suggest price could drop to 1.1840.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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