GBP/USD: possible "Tripe Top"

GBP/USD: possible "Tripe Top"


The market found resistance at 1.3469, so the pair is likely going to test the nearest support at 1.3513 - 1.3480 in the coming hours. However, if a pullback from this area forms afterwards, we could have another upward price movement in the direction of the next resistance at 1.3595 - 1.3618.


There's a possible "Tripe Top", which hasn't been finished yet. If this pattern confirms, bears are likely going to reach the nearest support at 1.3513 - 1.3480, which could be a departure point for another bullish price movement.




EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

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