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GBPUSD looks quite overbought:
the price action was steadily contracting within a rising wedge pattern
and the price just recently broke and closed below its support.

It looks like the pair will drop lower.
Targets: 1.133 / 1.122

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Candlestick AnalysisGBPGBPUSDParallel ChannelpoundpriceactionpriceactionanalysispriceactionstrategypriceactiontradingWedge

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