FX.co ★ GBPAUD M15: Bearish Rectangle

According to the chart of M15, GBPAUD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 2.0490 – 2.0490 and upper border 2.0516 – 2.0516. In case the lower border is broken, the instrument is likely to follow the downward trend.