TP1 1.3255 TP2 1.324 TP3 1.3225
On the of GBP/USD , the “Double top” is transforming into . The inability of bulls to get above resistance at 23.6% of the wave CD and return to the 1.3455-1.3615 consolidation range points at their weakness. To develop correction to the long-term uptrend, bears need to renew May low. On H1 of GBP/USD , a decline below support at 1.3340 will increase the risks of a “Shark” pattern with a target of 88.6% near 1.3225.