GBPUSD Double top pattern

GBPUSD currently facing Weekly resistance zone. Last week candle closed as Spinning top formation indicating a reversal might happen, lower time frame view also support this. Price moving sideways for last few weeks.

WEEKLY

GBPUSD Weekly

 

Daily

We can see a emerging doubletop pattern formation on daily chart. Neckline is quite

far from current price level. We can see few piercing formation too bullish momentum losings its ground here need a push to break above.

GBPUSD Daily