GBP/USD Daily Chart |
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Yesterday's candle on the pounds to dollars daily chart did indeed close the session with a heavily bearish flavour as evidenced by the deep upper shadow and small lower body, a classic shooting star signal and once that we need to consider carefully as a possible early warning. The price action in creating the candle was largely triggered as a result of the dire UK GDP figures released during the London trading session which showed an economy in a far worse state than previously thought
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