Actual patterns

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Actual patterns

Head and Shoulders

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was formed on 11.08 at 12:00:19 (UTC+0)
signal strength 3 of 5

The technical pattern called Head and Shoulders has appeared on the chart of GBPUSD M30. There are weighty reasons to suggest that the price will surpass the Neckline 1.3435/1.3447 after the right shoulder has been formed. So, the trend is set to change with the price heading for 1.3417.

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Head and Shoulders