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Mihai_Iacob

GbpUsd- Double top?

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Mihai_Iacob  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsetup gbpusdsell
35
17
trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsetup gbpusdsell
Unlike EurUsd, where is the possibility of a large H&S, on GbpUsd a double top could be in place, with a big distribution on the 1.4-1.42 range top.
A confirmation for the pattern comes with a break under 1.37, and the target for swing traders is 1.32
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