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Tempo_Trades
Mar 27, 2023 2:00 AM

GBP/USD - Head & Shoulder formation or Break of Support? Short

British Pound/U.S. DollarFXCM

Description

GBP/USD is currently experiencing RSI Divergence which signals a potential change of trend. Price is also forming a head & shoulders pattern. Since bearish divergence is present, we will be looking to short break of support even if head & shoulder pattern is not completed and expecting price to continue moving down!
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