The Bullish Symmetrical Triangle pattern has formed on the GBPJPY M15 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 217.12 and 216.78, respectively. The pattern width is 34 points. If the price breaks above the upper boundary at 217.12, it is likely to move toward 217.15. The M5 and M15 time frames may generate more false entry signals.