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FX.co ★ GBPJPY H1: Double Top

GBPJPY H1: Double Top

Double TopOn the chart of GBPJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 214.41; the lower boundary 211.58; the width of the pattern 283 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 211.18 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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