Forex: GBP/USD Technical Analysis – Double Top Back in Focus
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- Prices broke above falling trend line set from late October (1.6034)
- Resistance is now at 1.6259 (October 1 high, trend line from early July)
- Back below 1.6034 sees support at 1.5899 (23.6% Fib expansion)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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