FX.co ★ GBPUSD M15: Triple Bottom

The Triple Bottom pattern has formed on the chart of GBPUSD M15. Features of the pattern: The lower line of the pattern has coordinates 1.3666 with the upper limit 1.3666/1.3641, the projection of the width is 57 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.3609, the price is most likely to continue the upward movement.