The Bullish Rectangle has formed on the GBPJPY H1 chart. This is a trend continuation pattern bounded by the lower boundary at 216.75–216.75 and the upper boundary at 217.14–217.14. A breakout above the upper boundary is likely to signal a continuation of the uptrend. FX.co ★ GBPJPY H1: Bullish Rectangle
Signal strength 4 of 5
GBPJPY H1: Bullish Rectangle
The Bullish Rectangle has formed on the GBPJPY H1 chart. This is a trend continuation pattern bounded by the lower boundary at 216.75–216.75 and the upper boundary at 217.14–217.14. A breakout above the upper boundary is likely to signal a continuation of the uptrend. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade