GBP/USD At Risk Of Forming Double Top

Discussion in 'Technical Analysis' started by Kaitlin, Jun 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    While trading within a rather poorly defined bullish channel (since late February), the Cable appears to be forming a double top with peaks on May 2 and May 25. Accordingly, if the price closes under the wide but at the same time dense demand area between 1.4344 and 1.4288, which[​IMG]

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