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BlueberryMarkets

GBPUSD INVERSE HEAD AND SHOULDERS PATTERN

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
BlueberryMarkets  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex forextrading blueberrymarkets GBPUSD usdindex
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trendanalysis chartpattern indicator forex forextrading blueberrymarkets gbpusd usdindex
GBPUSD technically could form an inverse head and shoulders pattern if the daily timeframe
forms a bullish candle here. Typically if an inverse head and shoulders pattern forms the left
shoulder acts as a key support area.
GBP will likely remain under pressure and any long trades will need to be taken with lower risk
in mind.
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