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Bullish Symmetrical Triangle
was formed on 17.09 at 16:30:57 (UTC+0)
signal strength 4 of 5

Bullish Symmetrical Triangle GBPAUD H1

According to the chart of H1, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.0487/2.0442 whereas the lower border goes across 2.0389/2.0442. The pattern width is measured on the chart at 98 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 2.0442 is broken, the price could continue its move toward 2.0482.

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