FX.co ★ GBPUSD M30: Bearish Rectangle

According to the chart of M30, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3316 – 1.3316 and upper border 1.3349 – 1.3349. In case the lower border is broken, the instrument is likely to follow the downward trend.