GBP/USD forex analysis: Double top forming at 1.2293 weekly resistance level? [Video]
![GBP/USD forex analysis: Double top forming at 1.2293 weekly resistance level? [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/GBPUSD/new-twenty-pound-notes-3079030_XtraLarge.jpg)
Price has advanced and tested the 1.2293 weekly resistance level.
Will a double top form on the weekly chart to confirm the next major decline?
A head and shoulders pattern may form on the 4 hour chart to start to confirm the reversal.
Author

Duncan Cooper
ACY Securities
Duncan Cooper is a full-time trader and mentor. He has been actively trading the financial markets for more than 15 years and has traded stocks, options, futures, and the Forex Market since 2005.

















