GBPUSD Forex Analysis - Weekly Double Top Targeting 1.1235

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD weekly, daily, 4-hour, and 15-minute charts.
ACY Securities | 983 days ago
Stocktwits

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD weekly, daily, 4-hour, and 15-minute charts.

Price has closed below the 1.1841 weekly support level confirming the weekly double top pattern.

1.1900-15 the Figure, Central Pivot Point, and daily resistance level.

Watching for price to rally and fail at an intraday resistance level for a further decline in line with the weekly double top pattern.

Long term target 1.1235 the double top price projection.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

ACY Securities
3.7
13 reviews
Type: STP, ECN, Prime of Prime, Pro
Regulation: ASIC (Australia), FSCA (South Africa)
Tags: Analysis GBPUSD
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