FX.co ★ GBPJPY M5: Bullish Symmetrical Triangle

According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 197.40 and 196.98 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 42 pips. Outlook: If the upper border 197.40 is broken, the price is likely to continue its move by 197.36.