EURGBP M5 Triple Bottom

The Triple Bottom pattern has formed on the chart of EURGBP M5. The lower boundary is at 0.8598, while the upper boundary is at 0.8603/0.8602. The projected width is 5 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 0.8603 is broken, the price is likely to continue upward.