Get started
Linda_Mbatha

GBPUSD, Short

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Linda_Mbatha  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns
0
0
trendanalysis chartpattern
At the current state, one can see a double top pattern forming on the resistance level 1.42325. We can see a clear breakout and a re-test on the steep uptrend trend line, which gives us an idea of confluence taking place at the resistance level 1.42325.
We start the week looking for selling opportunities on GBPUSD.
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.