GBP/USD – Double Top Development at Channel Resistance

Consolidation channel resistance: Following up with the previous update on GBP/USD, it was rallying sharply on 11/23. If it continued, it would be about to crack the consolidation channel seen in the daily chart, if it broke above 1.61. Instead, a couple days of indecision occurred just below 1.0650…

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GBP/USD – Double Top Development at Channel Resistance

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