FX.co ★ EURGBP M5: Bullish Symmetrical Triangle

According to the chart of M5, EURGBP formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8374/0.8380 whereas the upper border goes across 0.8388/0.8380. 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 0.8395.