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GBP/USD Technical analysis

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
traderpulse Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Wave Analysis priceaction Double Bottom
5
0
trendanalysis waveanalysis priceaction doublebottom
The counter has formed a double bottom pattern.
It broke the neckline, then pulled back and tested it.
We expect the level of 1.22893 to act as a support and push the price towards the resistance level of 1.25240.
Trade closed: target reached
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