On the chart of GBPJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 214.41; the lower boundary 211.58; the width of the pattern 283 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 211.18 level. FX.co ★ GBPJPY H1: Double Top
Signal strength 4 of 5
GBPJPY H1: Double Top
On the chart of GBPJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 214.41; the lower boundary 211.58; the width of the pattern 283 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 211.18 level. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade