FX.co ★ GBPUSD M15: Bearish Rectangle

According to the chart of M15, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3372 – 1.3372 and upper border 1.3381 – 1.3381. In case the lower border is broken, the instrument is likely to follow the downward trend.