According to the chart of M30, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 214.16/214.99 whereas the upper border goes across 216.04/214.99. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPJPY will breach the upper border to head for 215.29. FX.co ★ GBPJPY M30: Bullish Symmetrical Triangle
Signal strength 3 of 5
GBPJPY M30: Bullish Symmetrical Triangle
According to the chart of M30, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 214.16/214.99 whereas the upper border goes across 216.04/214.99. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPJPY will breach the upper border to head for 215.29. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade