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Linda_Mbatha
May 22, 2021 1:35 PM

GBPUSD, Short Short

British Pound/U.S. DollarFXCM

Description

At the current state, one can see a double top pattern forming on the resistance level 1.42325. We can see a clear breakout and a re-test on the steep uptrend trend line, which gives us an idea of confluence taking place at the resistance level 1.42325.
We start the week looking for selling opportunities on GBPUSD.
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