GBP/USD Forecast. Japanese Candlesticks Analysis

gbp_cfdGBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has formed a Shooting Star reversal pattern on the H4. The instrument may now follow the reversal signal in a descending wave. The growth target could be the 1.2680 mark.

However, the price could correct to 1.2800 and maintain its upward trajectory without testing the support level.

GBPUSD

Origin: RoboForex

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