The Pound closed weak on Friday as the bearish sentiment continues to drive the market with what appears to be a Double Top on the Daily Timeframe 1.19000 marks what could be the neckline where buyers may attempt to regain control A break of 1.19000 confirms Double Top and should trigger more shorts In September 2022 the Pound dropped to 1.0350 forming a 37-year all time low A break of this low would once again set new records First Targets will be at the September 2022 lows A break below could see the Pound trading as low as 0.98000 or lower over the next few months
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