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Antonio_trader

GBPUSD update double top

British Pound / U.S. Dollar (FX:GBPUSD)  
Antonio_trader  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis cable GBPUSD
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trendanalysis chartpattern waveanalysis cable gbpusd
Looks like a double top now as price rejects 1.25, 1.24 is the neckline. Divergence on technical indicators supports it. Could finally be the end of wave i.
Today FED rates could make big moves. Expected a hawkish cut. Best entry is to wait for a pullback higher on smaller time frame and go in with small risk.

Good Luck!
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