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Trendline broken to downside
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My journey with GBPUSD
Posted by:
ForexPlane.com Editor
2/12/2007 9:57 PM
A long-term trendline has been broken, showing weakness in the pair. From this point of view, a double-bottom might be in play here. We might short it to the nearest support (the pivot between 2 tops) and see what happens from there.
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