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

GBPUSD seems to be respecting the upward trend line and the 20-day EMA. Liquidity has also formed above and below the current price level. If the price fails to make a higher high upon retesting the double top on the 30-minute time frame, price retesting the trending before continuing the uptrend is possible.

We could also see a break above the double top to retest if the price holds at our intermediate support level.

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