FX.co ★ Modèles réels. Analyse technique et recommandations de trading

According to the chart of M30, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3574 while the median line of the Neck is found at 1.3549/1.3549. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPUSD will go towards 1.3519.

The Bearish pennant pattern has formed on the GBPUSD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 1.3547, a trader will be able to successfully enter the sell position.

The Double Top pattern has been formed on GBPUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3549 is broken, the downward movement will continue.

According to the chart of M30, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3532 and 1.3464 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 68 pips. Outlook: If the upper border 1.3532 is broken, the price is likely to continue its move by 1.3531.

According to the chart of M15, GBPUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3464/1.3501 whereas the upper border goes across 1.3532/1.3501. 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 GBPUSD will breach the upper border to head for 1.3523.

The Bullish pennant graphic pattern has formed on the GBPUSD M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 1.3566.

According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3471/1.3489 whereas the upper border goes across 1.3513/1.3489. 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 GBPUSD will breach the upper border to head for 1.3504.

On the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3513; the lower boundary 1.3490; the width of the pattern 23 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.3475 level.

The Double Bottom pattern has been formed on GBPUSD H1. Characteristics: the support level 1.3434; the resistance level 1.3466; the width of the pattern 32 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 31 points.

The Double Bottom pattern has been formed on GBPUSD M5. Characteristics: the support level 1.3436; the resistance level 1.3466; the width of the pattern 30 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 31 points.