GBPUSD moving in downtrend

GBPUSD Double Top Chart Analysis

GBPUSD formed a double top in 4 hour chart.

Recently, market broken the bottom zone.

Double top in GBPUSD broken the bottom zone

Now, GBPUSD is still moving in downtrend by forming Lower Highs, Lower Lows.

In 1 hour chart, Sellers still pushing the market down.

On other side, EURGBP broken the resistance zone after long time, it shows that GBP is getting weaker at this time.

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