FX.co ★ GBPJPY H1: Bullish Symmetrical Triangle

According to the chart of H1, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 200.31 and 199.23 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 108 pips. Outlook: If the upper border 200.31 is broken, the price is likely to continue its move by 200.13.