FX.co ★ GBPJPY M15: Bullish Rectangle

According to the chart of M15, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 203.76 and support 203.41. In case the resistance level 203.76 - 203.76 is broken, the instrument is likely to follow the bullish trend.