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The Triple Bottom pattern has been formed on GBPUSD M15. It has the following characteristics: resistance level 1.3530/1.3524; support level 1.3517/1.3514; the width is 13 points. In the event of a breakdown of the resistance level of 1.3530, the price is likely to continue an upward movement at least to 1.3537.

According to the chart of H1, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3589 while the median line of the Neck is found at 1.3481/1.3517. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPUSD will go towards 1.3477.

The Triple Bottom pattern has been formed on GBPUSD M5. It has the following characteristics: resistance level 1.3530/1.3520; support level 1.3517/1.3515; the width is 13 points. In the event of a breakdown of the resistance level of 1.3530, the price is likely to continue an upward movement at least to 1.3532.

The Double Top pattern has been formed on GBPUSD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3481 is broken, the downward movement will continue.

According to the chart of M5, GBPUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.3509 – 1.3509 and upper border 1.3525 – 1.3525. In case the upper border is broken, the instrument is likely to follow the upward trend.

The technical pattern called Head and Shoulders has appeared on the chart of GBPUSD M30. There are weighty reasons to suggest that the price will surpass the Neckline 1.3457/1.3481 after the right shoulder has been formed. So, the trend is set to change with the price heading for 1.3451.

The Triple Bottom pattern has formed on the chart of GBPUSD M5. Features of the pattern: The lower line of the pattern has coordinates 1.3542 with the upper limit 1.3542/1.3511, the projection of the width is 38 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.3504, the price is most likely to continue the upward movement.

On the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3541; the lower boundary 1.3529; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.3514 level.

The Double Top reversal pattern has been formed on GBPUSD M30. Characteristics: the upper boundary 1.3458; the lower boundary 1.3416; the width of the pattern is 40 points. Sell trades are better to be opened below the lower boundary 1.3416 with a possible movements towards the 1.3386 level.

According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3433/1.3439 and upper border is 1.3447/1.3439. The pattern width is measured on the chart at -14 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GBPUSD breaches the lower border, the price could continue its move toward 1.3424.