FX.co ★ GBPJPY M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the GBPJPY M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 215.15 and 215.01, respectively. The pattern width is 14 points. If the price breaks above the upper boundary at 215.15, it is likely to move toward 215.22.