GBP/USD: another 'V-Top' pattern

GBP/USD: another 'V-Top' pattern


There's another 'V-Top' pattern, so the price is declining. The main intraday target is the next support at 1.2723 - 1.2695. The subsequent pullback from this area could lead to an upward correction towards the closest resistance at 1.2784 - 1.2826.


The last 'Flag' pattern has been broken, so there's a new local low. It's likely that the pair is going to test the nearest support at 1.2723 - 1.2711 shortly. Meanwhile, if a pullback from these levels forms next, there'll be a moment to have a bullish correction in the direction of 1.2784 - 1.2804.



Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera