Yesterday The GBP/USD cross closed the day with a Strong Red candle as an ulterior confirmation about our technical pattern analysis recognize, the Double TOP. The price seems ready to break the Neckline of this pattern to finally go down following the main trend, Bearish. Today the Stochastic indicator exits from the overbought area and the RSI is still bearish. The Ichimoku forecast is red and all the clues are still for a Short position.
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