Filed Under:
Forex pairs in this Article » GBP/USD
To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • A bearish Dark Cloud Cover pattern hints 1.6235 (23.6% Fib exp.) is a possible double top
  • Initial support is at 1.5918 (23.6% retracement); a break lower exposes 1.5707 (38.2% Fib)
  • A turn above 1.6235 targets 1.6446 (38.2% Fib expansion)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-usd_body_Picture_5.png, Forex: GBP/USD Technical Analysis – Double Top a PossibilityDaily Chart - Created Using FXCM Marketscope 2.0



comments powered by Disqus