FX.co ★ GBPUSD M30: Double Bottom

The Double Bottom pattern has formed on the GBPUSD M30 chart. Its upper boundary is at 1.3295, its lower boundary is at 1.3273, and its width is 24 points. A break above the upper boundary at 1.3295 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.