Emekadavid

GBPUSD Forms a double top and likely going down

FX:GBPUSD   British Pound / U.S. Dollar
The cable, GBPUSD, has formed a double top as seen from the chart. This means that price is likely to go south next. This is an indication that short opportunities are evident.

Thanks

Do due risk management and position sizing before taking the trade.
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.