Xin

Short Term Scalp - Double Top needs 1.6555 break

FX:GBPUSD   British Pound/U.S. Dollar
12 0 0
Quick Scalp - Although I'm not too fond of the current candles - there is potential for a double top here with a break below 1.655/1.65 to open the door to 1.653/1.6525.

At the same time should this break the lower ends of 1.65 could provide new buying opportunities. As momentum appears to favour the upside.

Expanding on the trend this pair looks to be quite tied to the lower support in the eurgbp             at the moment around .8320 and eurusd             appears to be having trouble holding above 1.38. *A nice break lower in the eurgbp             could see gbpusd             look for 1.66 again.
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