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Actual patterns
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the GBPUSD M15 chart. Its lower boundary passes through 1.3378/1.3417, while its upper boundary passes through 1.3472/1.3417. The pattern width is 94 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If GBPUSD breaks below the lower boundary, the price could move toward 1.3395.
Double Top
The Double Top reversal pattern has formed on the GBPUSD M5 chart. Its upper boundary is at 1.3383, its lower boundary is at 1.3372, and its width is 11 points. A short position may be considered below the lower boundary at 1.3372, with a potential target at 1.3357.
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Double Bottom
The Double Bottom pattern has formed on the GBPUSD M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 1.3329. The projected move is based on the pattern width of 25 points.
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the GBPUSD M15 chart. A break below the lower boundary at 1.3271 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 25 points.
Double Bottom
The Double Bottom pattern has formed on the GBPUSD M30 chart. Its upper boundary is at 1.3295, its lower boundary is at 1.3273, and its width is 24 points. A break above the upper boundary at 1.3295 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.