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Major Currency Pairs Reveal Bounce Or Break Spots

Discussion in 'Technical Analysis' started by Kaitlin, Feb 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The GBP/USD is building a shallow angled bullish channel (orange/green), which is bear flag chart pattern. Price seems to have completed wave A (pink) at resistance (orange) and could now retrace as part of a larger ABC (pink).[​IMG]

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