💷💵 GBP/USD A Chance For A Double Top 💷💵

💷💵 GBP/USD A Chance For A Double Top 💷💵

💷💵 Nearest strong support zone: around the 0.236 level of the entire upward wave.

💷💵 Nearest strong resistance zone: around recent peaks.

💷💵 Technical environment:

- Moving averages: uptrened

- MACD: Uptrend

- RSI: Uptrend

- Supertrend: Downtrend

💷💵 Price action: GBP/USD Still holding below the vicinity of its local highs, today's US CPI inflation data (6.5%) brought us another attack on the 0.618 level of the entire downward correction. I expect a continuation of the increases and an attack on the recent local highs. The candlestick formation and the fact that the downward correction is completed, support my scenario.

💷💵 The scenario I'm playing out is an attack on the recent local peaks I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

💷💵Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

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