FX.co ★ GBPAUD M5: Bullish Rectangle

According to the chart of M5, GBPAUD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.9984 – 1.9984 and upper border 2.0008 – 2.0008. In case the upper border is broken, the instrument is likely to follow the upward trend.