GBPUSD Possible Double Top on the 4hr Short

British Pound/U.S. DollarFXCM

Description

⋅ May 25, 2016 8:08 AM

Following on from my cypher idea on the 60 min chart, we have come back up into previous levels of resistance

If this candle closes in the highlighted area I feel we will see movement downwards as we are in the oversold area of the RSI

Comments

Wonour

⋅ May 25, 2016 9:15 AM

Candle closed in the highlighted area still a valid Db top