FX.co ★ EURGBP H1: Bullish Symmetrical Triangle
Signal strength 4 of 5
EURGBP H1: Bullish Symmetrical Triangle
According to the chart of H1, EURGBP formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8323/0.8344 whereas the upper border goes across 0.8363/0.8344. 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 EURGBP will breach the upper border to head for 0.8384.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade