The Double Bottom pattern has formed on the GBPJPY M30 chart. Its support is at 208.03, its resistance is at 208.53, and its width is 50 points. A break above resistance may confirm a trend reversal, with the first target projected 55 points away. FX.co ★ GBPJPY M30: Double Bottom
Signal strength 3 of 5
GBPJPY M30: Double Bottom
The Double Bottom pattern has formed on the GBPJPY M30 chart. Its support is at 208.03, its resistance is at 208.53, and its width is 50 points. A break above resistance may confirm a trend reversal, with the first target projected 55 points away. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade