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cuneytharp

GBPUSD first fall and after growth

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
cuneytharp  
FX:GBPUSD   British Pound / U.S. Dollar
Cup And Handle Double Top or Bottom
2
0
cupandhandle doubletoporbottom
Hi all,
GBPUSD has formed double top and there is RSI divergence as seen.
My expectation is it will fall to the horizontal/trend resistance area and after it will grow again to the double top area. this will form a nice cup/handle form.
Let's wait and see what will happen.
this is not an investment advice. Take your own responsibilty during investment.
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