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GBPUSD Reversed Off Resistance, Potential Drop

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
ICmarkets Broker  
FX:GBPUSD   British Pound / U.S. Dollar
Harmonic Patterns Trend Analysis Chart Patterns GBPUSD GBP USD gbpusdlong gbpusdshort Forex forextrading forexsignal
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harmonicpatterns trendanalysis chartpattern gbpusd gbp usd gbpusdlong gbpusdshort forex forextrading forexsignal
GBPUSD reversed off its resistance at 1.2682 (100% Fibonacci extension , 23.6% Fibonacci retracement , horizontal overlap resistance) where it is could potentially drop further to its support at 1.2561 (61.8% Fibonacci retracement ).
Stochastic (55, 5, 3) reversed off its resistance at 90% where a corresponding drop may occur.
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