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The Double Bottom pattern has been formed on GBPUSD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.2641 is broken. The further movements will rely on the width of the current pattern 28 points.

According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.2613 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -30 pips.

The Double Bottom pattern has been formed on GBPUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.2669 is broken. The further movements will rely on the width of the current pattern 12 points.

According to the chart of H1, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.2629 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -101 pips.

The Double Bottom pattern has been formed on GBPUSD M5. Characteristics: the support level 1.2683; the resistance level 1.2692; the width of the pattern 9 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 10 points.