FX.co ★ GBPJPY M15: Double Bottom

The Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 192.72; the lower boundary is 192.21. The width of the pattern is 52 points. In case of a break of the upper boundary 192.72, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.