FX.co ★ GBPJPY M30: Triple Top

The Triple Top pattern has formed on the chart of the GBPJPY M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 216.64/216.91 with the upper limit 217.28/217.24; the projection of the width is 64 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 216.64, the price is most likely to continue the downward movement.