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FX.co ★ GBPJPY H1: Bullish Rectangle

GBPJPY H1: Bullish Rectangle

Bullish RectangleThe Bullish Rectangle has formed on the GBPJPY H1 chart. This is a trend continuation pattern bounded by the lower boundary at 216.75–216.75 and the upper boundary at 217.14–217.14. A breakout above the upper boundary is likely to signal a continuation of the uptrend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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