FX.co ★ GBPCHF M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the GBPCHF M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 1.1027/1.1020, while its lower boundary passes through 1.1010/1.1020. The pattern width is 17 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 1.1020 could send the price toward 1.1035.