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FX.co ★ GBPJPY M30: Double Bottom

GBPJPY M30: Double Bottom

Double BottomThe Double Bottom pattern has formed on the GBPJPY M30 chart. Its support is at 208.03, its resistance is at 208.53, and its width is 50 points. A break above resistance may confirm a trend reversal, with the first target projected 55 points away.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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