GBP/USD:Short from Double Top and several Resistance Level SHORT

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Trend Analysis Technical Indicators Chart Patterns GBPUSD GBP pound

trendanalysis indicator chartpattern gbpusd gbp pound

The GBP/USD running for a long time in Bearish Channel inside a Downtrend scenario. In the last sessions as we can see the price makes a Double Top with a rebound in 200 Moving average inside the Fibo level of attention 50 / 61.8%. The RSI finally turned bearish and as you can see our Idea is about a retest of the Double TOP Neckline to go Short again.

Comment:

✅ Previous Entry on Double Top

GBP/USD: Price rebound on resistance and Falling Down ! SHORT

Comment:

✅ TODAY PRICE CONTINUE TO FALL...

snapshot

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