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FX.co ★ GBPJPY D1: Double Top

GBPJPY D1: Double Top

Double TopOn the chart of GBPJPY D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 199.94; the lower boundary 198.07; the width of the pattern 187 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 197.67 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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