FX.co ★ GBPJPY H1: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the GBPJPY H1 chart. Its lower boundary passes through 207.79/208.81, while its upper boundary passes through 210.17/208.81. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, GBPJPY is expected to break the upper boundary and move toward 209.21.