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GBP/USD – Gravestone Doji at 23.6% Fibo

OANDA:GBPUSD   British Pound / U.S. Dollar
The daily chart of the GBP/USD pair shows a Gravestone Doji candle… that too at 1.2404 (23.6% Fibo of 1.3445-1.2083).

The doors have been opened for a Fed rate hike in December, thus the odds of the pair retreating to 1.2250 are high.

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