GBP/USD could be about to tank 800 pips
Updated
The bearish combination of a possible double top and broken rising trendline suggests GBP/USD will test the neckline of the pattern.
If the double top completes, the price objective is 1.3120
If the double top completes, the price objective is 1.3120
Trade closed: target reached
Signup to my newsletter:
tradingwriters.substack.com/
Market Analyst at WeTrade
wetradebroker.com/education/analysis/jasper/
Contributor to SpreadEx
spreadex.com/financials/news-analysis/weekly-technical-analysis/
tradingwriters.substack.com/
Market Analyst at WeTrade
wetradebroker.com/education/analysis/jasper/
Contributor to SpreadEx
spreadex.com/financials/news-analysis/weekly-technical-analysis/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.