FX.co ★ GBPAUD M30: Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the GBPAUD M30 chart. Its lower boundary passes through 1.8746/1.8777, while its upper boundary passes through 1.8818/1.8777. The pattern width is 72 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If GBPAUD breaks below the lower boundary, the price could move toward 1.8747.