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FX.co ★ GBPUSD M5: Triple Top

GBPUSD M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of the GBPUSD M5 trading instrument. It is a reversal pattern with resistance at 1.3243/1.3242, support at 1.3232/1.3238, and a width of 11 points. A break below the confirmation support at 1.3232 may signal further downward movement.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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