The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPUSD M5: Bearish Symmetrical Triangle
Signal strength 1 of 5
GBPUSD M5: Bearish Symmetrical Triangle
According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.2612 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -41 pips.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction