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Eva Chen
Forex
Following a breakdown of the neckline at 1.3369 on July 16, the GBPUSD has validated a head and shoulders top pattern. Subsequent rallies failed to surpass the 1.3632 level, suggesting a short-term top has been established. The pair is currently navigating a retracement channel, as indicated by the pattern.
GBPUSD
1.33443
Entry Price
1.36370
TP
1.31280
SL
0
Point
Flat
1.31280
SL
CLOSING
1.33443
Entry Price
1.36370
TP
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