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FX.co ★ GBPUSD M30: Bullish Rectangle

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Technical Analysis Patterns

2024-11-19T06:52:26
Signal strength 3 of 5

GBPUSD M30: Bullish Rectangle

Bullish RectangleAccording to the chart of M30, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.2688 and support 1.2665. In case the resistance level 1.2688 - 1.2688 is broken, the instrument is likely to follow the bullish trend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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