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FX.co ★ GBPJPY M30: Bullish Rectangle

GBPJPY M30: Bullish Rectangle

Bullish RectangleThe 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
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