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FX.co ★ GBPCHF M30: Bearish Rectangle

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Technical Analysis Patterns

2025-10-24T14:22:39
Signal strength 3 of 5

GBPCHF M30: Bearish Rectangle

Bearish RectangleAccording to the chart of M30, GBPCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0609 - 0.0000 and support 1.0585 – 1.0585. In case the resistance level 1.0585 - 1.0585 is broken, the instrument is likely to follow the bearish 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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Other patterns by GBPCHF