
On the chart of GBPJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 199.42; the lower boundary 199.18; the width of the pattern 24 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 198.96 level.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade