GBPUSD has crated a Double top and has shown some resistance at the neck line. The strength of the resistance may take price back to resistance level 1.31626 or we may see a break and retest of the neckline for the continuation of the M formation towards the lower trendline.
Related publications
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.