GBP/USD has formed a double top pattern at the high, which could be a potential lower high formation.
Further, it has broken a critical support level of 1.25268.
Hence, we expect the pair to be bearish in the short-term and head to lower levels.
GBP/USD has formed a double top pattern at the high, which could be a potential lower high formation.
Further, it has broken a critical support level of 1.25268.
Hence, we expect the pair to be bearish in the short-term and head to lower levels.