GBP/USD Forms Double Top
On the 4 hour chart the Pound has formed a very bearish pattern against the US Dollar. The pair has formed a double top pattern around the 1.6582 price level and appears to be heading lower. A double top formation is a strong indicator of a price ceiling and often…
Source:GBP/USD Forms Double Top
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on Friday, November 6th, 2009 at 5:45 am and is filed under Forex Rates.
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