FX.co ★ GBPJPY M5: Triple Bottom

The Triple Bottom pattern has been formed on GBPJPY M5. It has the following characteristics: resistance level 210.77/210.58; support level 210.40/210.37; the width is 37 points. In the event of a breakdown of the resistance level of 210.77, the price is likely to continue an upward movement at least to 210.53.