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GBP/USD Forms Double Top

Discussion in 'Technical Analysis' started by ActionForex.com, Jun 15, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The Dollar regained strength against the Pound during the start of this week, forcing the pair to trade significantly lower. The pair has fallen over 160 pips from the open and looks to be headed towards further declines. This downward movement is a validating sign to the double top formation...

    complete article here...

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