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FX.co ★ GBPUSD H1: Bullish Rectangle

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Technical Analysis Patterns

2025-06-02T20:15:32
Signal strength 4 of 5

GBPUSD H1: Bullish Rectangle

Bullish RectangleAccording to the chart of H1, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3558 and support 1.3516. In case the resistance level 1.3558 - 1.3558 is broken, the instrument is likely to follow the bullish trend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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