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GBPUSD May be Due for a Correction but Beware of Thin Liquidity

Discussion in 'Technical Analysis' started by Kaitlin, Dec 29, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Technically GBPUSD has made an inverted Head and Shoulders pattern and if it manages to stay above 1.4870 we could see 1.4950 and 1.5010 levels just after the holidays. L3, DPP, E89 are constituting a strong confluence and if it were normal trading conditions this could be almost perfect setup.[​IMG]

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