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Hoofus
Jan 27, 2019 1:50 PM

GBPAUD - Potential H&S Forming Short

British Pound/Australian DollarFXCM

Description

You can see from the chart that there has recently been a double top on the pair after some considerable movement. The 240H RSI has been overbought which supports the analysis. I am now waiting to see whether the left shoulder remains lower than the right which will increase my focus on this potential trade
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