FX.co ★ GBPAUD H1: Double Bottom

The Double Bottom pattern has been formed on GBPAUD H1; the upper boundary is 1.9150; the lower boundary is 1.9045. The width of the pattern is 102 points. In case of a break of the upper boundary 1.9150, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.