logo

FX.co ★ GBPJPY M15: Bullish Pennant

GBPJPY M15: Bullish Pennant

Bullish PennantThe Bullish Pennant pattern has formed on the GBPJPY M15 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 209.44, the uptrend is expected to continue toward 209.66.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph