Forex: GBP/USD Technical Analysis – Pound Ready to Turn Lower?
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- A bearish Evening Star candlestick pattern hints a move lower is ahead
- Breaking support at 1.6321 (23.6% Fib ret.) exposes 1.6231 (38.2% Fib ret.)
- Resistance is at 1.6465, the December 10 swing high
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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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