GBPUSD Market Outlook-23 May 2018
GBPUSD made a bearish reversal with the formatin of AB=CD pattern. The turning point started at the bottom half of the PCI box and around 70 pips up. In its first attempt, GBPUSD could not penetrate the second PRZ Type B levels. At the same time, we have a big double top pattern pressurazing GBPUSD as you can see from the screenshot.
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