We are seeing a strong support barrier forming at 1.295 as well as a 13=21 Elliott wave possibly forming. This resistance barrier was hit in July and bounced up to drop again in August.

Buy: 1.290 to 1.295

Stop Loss: 1.279

Target 1: 1.305

Target 2: 1.310

Adviced Take Profit: 1.305
CurrenciesDouble Top or BottomElliott WaveForexGBPGBPUSDopportunitySupport and ResistanceUSD

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