FX.co ★ EURGBP M5: Bullish Symmetrical Triangle

According to the chart of M5, EURGBP formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8798/0.8804 whereas the upper border goes across 0.8812/0.8804. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURGBP will breach the upper border to head for 0.8819.