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GBP/USD Monthly chart Target 1.7

Long
British Pound / U.S. Dollar (FX_IDC:GBPUSD)  
mytradingidea  
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Double Top or Bottom Head and Shoulders GBPUSD
2
0
trendanalysis doubletoporbottom headandshoulders gbpusd
On the chart we see a bearish head and shoulders pattern and a fake breakout.
After a fake move, a double bottom pattern was made announcing a breakout of the 1.40 zone back into the trading range.
The target is 1.70.

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