GBPUSD formed a double top, and broke structure(NECKLINE/SUPPORT)
and retraced at 78.6% and has created confluence with a resistance line
and a bearish engulfing candle formed creating a high probability confirmation
for a sell on GBPUSD.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.