FX.co ★ GBPUSD M5: Triple Top

On the chart of the GBPUSD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 1.2660, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 21 points.