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FX.co ★ dusty24 | GBP/USD

GBP/USD

GBP/USD

GBP/USD

Saturday technical analysis of the pair on the 15-minute chart. With a double top, the price has once again worked off the TF high and is starting to move back down from the 1.3377 level. The price has begun to work off the large red zone. The blue zone, which is only just starting to form, can be used by the price as a resistance level during the decline. The price may fully work off the red zone, return to the 1.3217 level and form a double bottom on the chart there.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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