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FX.co ★ GBPUSD H1: Double Top

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Technical Analysis Patterns

2025-04-18T16:00:15
Signal strength 4 of 5

GBPUSD H1: Double Top

Double TopOn the chart of GBPUSD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3285; the lower boundary 1.3258; the width of the pattern 27 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.3218 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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Other patterns by GBPUSD