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TP1 1.3255 TP2 1.324 TP3 1.3225
On the daily chart of GBP/USD, the “Double top” is transforming into 5-0. The inability of bulls to get above resistance at 23.6% of the wave CD and return to the 1.3455-1.3615 consolidation range points at their weakness. To develop correction to the long-term uptrend, bears need to renew May low. ...