FX.co ★ GBPUSD M30: Double Bottom

The Double Bottom pattern has been formed on GBPUSD M30; the upper boundary is 1.3349; the lower boundary is 1.3317. The width of the pattern is 33 points. In case of a break of the upper boundary 1.3349, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.