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Short

GBP/USD Technical analysis

FX:GBPUSD   British Pound / U.S. Dollar
The sell on the fact trade which emancipated friday has come to a halt in the counter.
The pair has made a double top in the 15 min chart.
It broke the critical support level of 1.29173 as well.
Further the MACD has turned bearish and the histogram bars are gaining strength.
Hence we expect the pair to move to the support levels of 1.28719.

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