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GBP/USD Target Level: 1.3042

GBP/USD Target Level: 1.3042

Descending Triangle identified at 04-Feb-2019 06:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.3042 within the next 2 days. Supported by Downward sloping Moving Average

Chart 1 hour
Pattern Descending Triangle
Length 81 Candles
Identified 04-Feb-2019 06:00 UTC