DOUBLE BOTTOM PATTERN SHOULD PROVIDE A REBOUND TO GBP/USD

The Pound/Dollar Exchange Rate Chart Could Be Providing a Clear Martke Signal With a Double Bottom (W) Pattern. THE GBP/USD EXCHANGE RATE SHOULD BE FAVOURABLE TO THE POUND WITH A BRIEF REBOUND TO GBP/USD 1.34 IN THE NEAR TERM. DRIFTING ABOVE THE SENKOU A/B COULD PROVIDE SOME CONSISTENT STRENGTH TO THE POUND