Update-Double Bottom

Scenario 1.Gbpusd broke below the build up and channel up, and formed a double bottom. The immediate support at 1.20205 (bottom 2)which could result in a price stalling or even heading for the target level. Entry would be confirmed at the neckline.
Scenario 2 The price can finish retesting the broken trendline and continue to the support level in 1.18997,