GBPUSD breakout

104
The price looks like it has formed a double top within the bullish channel, this pushed the price to breakout the support line of this channel. The price currently looks like it might be making its way back to the neckline of the double top and a bounce should occur sending the price in a downward direction.

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.