The Bullish Rectangle has formed on the GBPJPY M30 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 217.14 and its support is at 216.75. A breakout above the resistance zone at 217.14–217.14 is likely to signal a continuation of the bullish trend. FX.co ★ GBPJPY M30: Bullish Rectangle
Signal strength 3 of 5
GBPJPY M30: Bullish Rectangle
The Bullish Rectangle has formed on the GBPJPY M30 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 217.14 and its support is at 216.75. A breakout above the resistance zone at 217.14–217.14 is likely to signal a continuation of the bullish trend. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade