On the chart of GBPJPY D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 199.94; the lower boundary 198.07; the width of the pattern 187 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 197.67 level. FX.co ★ GBPJPY D1: Double Top
Signal strength 5 of 5
GBPJPY D1: Double Top
On the chart of GBPJPY D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 199.94; the lower boundary 198.07; the width of the pattern 187 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 197.67 level. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade