FX.co ★ GBPJPY M30: Bullish Symmetrical Triangle

According to the chart of M30, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 211.17/211.35 whereas the upper border goes across 211.51/211.35. 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 GBPJPY will breach the upper border to head for 211.65.