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You are here: Home / Forex News / GBP/USD Loses Steam at Triangle Breakout Point

GBP/USD Loses Steam at Triangle Breakout Point

August 22, 2012 by Forex.ch Leave a Comment

The GBP/USD has cracked a rising triangle pattern seen in the daily chart below. In the 1H chart above, we see that the pair losing steam as it shows a bearish divergence with the RSI and with the upper bollinger band

See original here:
GBP/USD Loses Steam at Triangle Breakout Point
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