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GBPUSD DOUBLE TOP FORMATION AND STOPLOSS HUNT: SHORT

Short
British Pound / U.S. Dollar (SAXO:GBPUSD)  
NDOBObanks  
SAXO:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis gbpusdshort gbpusdanalysis gbpusdtrade gbpusdsignal gbpusdsetup Double Top gbpusdforecast doubletoppattern meanreversion
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trendanalysis chartpattern waveanalysis gbpusdshort gbpusdanalysis gbpusdtrade gbpusdsignal gbpusdsetup doubletop gbpusdforecast doubletoppattern meanreversion
We expect further downside on this pair, signalled by the stoploss hunt at the high of the current month. We can also see a formation of a double top pattern which further supports our directional basis.
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