GBPCAD has formed a double-top formation on the 4H Timeframe and broken below its neckline. Current bearish price action (evening star) is now forming on 4H timeframe following the retest of the neckline. Below shows the GBPCAD chart has formed another double-top pattern on the 15Min timeframe. I will look for a retest of this neckline on the 15Min targeting 1.706 area overall.
