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Forex pairs in this Article » GBP/USD
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Talking Points

  • Prices put in an Evening Star candlestick pattern, hinting a move lower is ahead
  • Breaking support in the 1.6230-43 area (Flag top, 38.2% Fib) exposes 1.6169 (50% Fib)
  • Near-term resistance is at 1.6465-84 area (Dec 10 and Dec 18 swing highs)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-usd_body_Picture_9.png, Forex: GBP/USD Technical Analysis – Top Set Below 1.65 Level?Daily Chart - Created Using FXCM Marketscope 2.0

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