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FX.co ★ GBPCHF M30: Bullish Symmetrical Triangle

GBPCHF M30: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M30, GBPCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.0564/1.0593 whereas the upper border goes across 1.0627/1.0593. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPCHF will breach the upper border to head for 1.0623.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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