GBPUSD False Break? Double Top Signals Reversal

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GBPUSD False Break? Double Top Signals ReversalGBP/USDOANDA:GBPUSDMihai_IacobIn my previous GBPUSD analysis, I mentioned that a break above the key 1.3470 resistance was likely. However, considering: - the pair’s tendency for false breakouts - and the lack of a strong fundamental catalyst I expected the move higher to be short-lived, and pointed to the 1.3550 zone as a potential reversal area. 📊 Market Context Price did push above that level, but: After the initial spike, it formed a double top on Friday The pattern was confirmed yesterday And now price is back testing the previous resistance, now acting as support 📉 Trading View Going forward: A break below this support would confirm a shift to the downside In that case, the next target becomes the 1.3350 zone, where we have a strong FVG 📌 Strategy Selling rallies remains, in my view, the preferred approach