FX.co ★ GBPUSD M5: Bullish Symmetrical Triangle

According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.2413 and 1.2400 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 13 pips. Outlook: If the upper border 1.2413 is broken, the price is likely to continue its move by 1.2422.