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Head And Shoulders Pattern GBP/USD 25/8/11 Analysis

posted by Avatar forexfx4x 1063 days ago in USD, GBP, Technical made popular 1063 days ago

Cable has printed a complex head and shoulders formation, beneath the key 1.6500 resistance level, and the pattern triggered yesterday afternoon. This came after the trend line break we identified earlier this week had triggered short and moved into consolidation mode.
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