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FieryTrading
Dec 28, 2020 3:45 PM

GBP/USD Double Top Reversal Short

GBP/USDOANDA

Description

Today, GBP/USD has formed a double top: a classic bearish reversal pattern.
I'm seeing this pair drop back towards the trend line, expect a drop to around 1.33 if the price keeps dropping like it does now.
After the price hit the trend line, I'd expect the pair to go up again: GBP will regain it's value after a successful BREXIT deal.
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