FxWirePro Chart Patterns: GBP/USD forms Triple Top, sell on rallies

Pattern formed- Triple top

Intraday Trend reversal level- 1.5250

• Cable has formed temporary top around 1.5250 and retreated from that level. It is currently trading at 1.51978.
   
• Any break above 1.5250 will take the pair to new level 1.5300/1.5350.
   
• On the downside minor support is around 1.5200 and break below targets 1.5150/1.5080.

It is good to sell on rallies around 1.5202-5205 with SL around 1.5251 for the TP of 1.5140/1.5080