GBP/USD – Will the new Double Bottom Hold?

Double Bottom and trendline: The 1H chart shows a double bottom that was completed when the market pushed above 1.5155. It also broke above a falling trendline that goes back to the 1.5385 resistance pivot. In the 1H chart price is now above the 200-hour SMA, and the RSI has tagged 70, showing birth…

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GBP/USD – Will the new Double Bottom Hold?