FX.co ★ GBPCHF M5: Bullish Symmetrical Triangle

According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1145/1.1163 whereas the upper border goes across 1.1176/1.1163. 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 GBPCHF will breach the upper border to head for 1.1178.