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Reversal Analysis GBP/USD 4/7/14

FX:GBPUSD   British Pound / U.S. Dollar
After GBP/USD broke its historical resistance from 2009 (1,71) it did not show any strong force or movements to go into the sky. It stabilized around 1,715 and showing divergences for an upcoming reversal into a Shoulder Head Shoulder Pattern for going into the old zone at 1,69.

Comments

very nice setup, i hope so you you are right
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