FX.co ★ GBPJPY H1: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the GBPJPY H1 chart. Its lower boundary passes through 214.44/214.97, while its upper boundary passes through 215.35/214.97. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, GBPJPY is expected to break the upper boundary and move toward 215.37.