KarYong

GBPUSD: Double Top Divergence Retracement Setup

Short
FX:GBPUSD   British Pound / U.S. Dollar
Price confirmed the double top with a divergence in RSI last week. A potential setup will be to wait for a retracement back to the 61.8 region for a short opportunity.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.