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wookyu2001
Mar 5, 2021 10:45 AM

GBP/USD SELL Short

GBP/USDOANDA

Description

GBP/USD has been in an uptrend for a long period of time, and it has managed to break the 1.40 level.
However the price failed to break the 1.41 price level and has rejected it potentially indicating a reversal.

Adding on to the confluence I see a Head and shoulders pattern that has successfully formed which also suggests a potential reversal to happen.
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