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CollectiveCapital
May 11, 2020 12:59 PM

WK III GBP/USD Long

British Pound/U.S. DollarFXCM

Description

- Major bearish trend, double top formation on all timeframes
- Price pushed below our monthly support level to retest to a double bottom on the hourly timeframe
- Possible entry on our key levels to reach a long term position but must break our support level of 1.24250 to consider it long to form the third top touch
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