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fxmentorbd

GBPUSD: Double Top

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
fxmentorbd  
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Double Top short SELL
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gbpusd doubletop short sell
In H1 time frame found double top pattern in gbp/usd pair. If this pair break double top pattern neckline (yellow) than we think to take short trade of this pair or take short to retrace this level again.
This pair faced strong resistance in 1.50 level, that's why we also looking short trade from this level which 50 pips SL and 100 pips TP or more.

So, keep eyes on it. best of luck.

Trade Idea:
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Sell Limit: 1.4980
Stop Loss: 1.5030
Take Profit: 1.48.80
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