We can see nice rejection from our weekly resitances and GBPUSD formed a double top on the weekly chart. An Adam & Eve pattern was in fomr but apprently the resistance was strong enoygh to cancel this pattern.
On the daily chart we can see that the price is testing the upper line of the current forming descending channel. If we have a rejection from here, we will test again the bottom line of the descnding channel. The descneding channel can be seen as a bullish flag to, we need to wait and see the coming days how the prices react .
On the daily chart we can see that the price is testing the upper line of the current forming descending channel. If we have a rejection from here, we will test again the bottom line of the descnding channel. The descneding channel can be seen as a bullish flag to, we need to wait and see the coming days how the prices react .