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Analysis of #GBPUSD

here we have similar analysis to what's going on the EURUSD, "link for EURUSD analysis below this idea" the pair formed a double top with RSI divergence and failed to close above 1.1900, which usually indicates a reversal and could be triggered by today's news.


being conservative I will wait for the confirmation of the break of the support line and break of the neckline of the double top, close below 1.3000 then look for an entry if the rules are met

if it did not break the neckline and got supported then we can get long entry again

PS. I still have not changed my opinion that the US dollar should be worthless value than where it is right now




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Check today analysis below⠀
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-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
chartanalysisChart patternsDouble Top or BottomsignalsproviderSupport and ResistancetradingaxisTrend Lines

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