GBPUSD | Rejected by 200 MA

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Price formed a Double Top pattern, and was rejected by 200 MA. In case there is a confirmed breakout of 50 MA we can initiate a short position.

If price also breaks the Ichi Cloud we can initiate a short position

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.