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End of a trend?

Paun British / Dolar A.S. (FX:GBPUSD)  
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FX:GBPUSD   Paun British / Dolar A.S.
AB=CD Support and Resistance Double Top or Bottom
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abcdpattern supportandresistance doubletoporbottom
GBPUSD is trending upwards, but an AB=CD pattern could mark the end of the uptrend. The PRZ coincides with the LQP 1.275 and could serve as a resistance level for the pair. Price could play around this zone and go through to 1.275, or the resistance may be too much and cause a price reversal. Look out for extension patterns as the trend reaches its end.
Komen:
Price has excelled past the PRZ straight into the LQP with some overspill.
Penafian

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