Cable forms a double top on the H1 chart!

Cable seems to have formed a double top on this 1 hourly chart up at 1.61838. As it touched that point for the second time we have seen it turn around and come back down to 1.61565, could it potentially be making a bigger move on the downside or is it a small retrace on a longer term uptrend? Well we saw it break a bearish trend line as you can see on the chart but still stalled at that double top mark. I can see it coming down to 1.61464 before continuing to make a move on the upside. It was a well timed move as it was just after we had the ppositiveUS data we had out earlier but before that we had some poor data, this makes it difficult to judge. But as generally the USD seems to be somewhat depreciating, I can potentially see it make a move on the upside due to long term fundamental views.