FX.co ★ GBPUSD M5: Bullish Rectangle

According to the chart of M5, GBPUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.3335 – 1.3335 and upper border 1.3341 – 1.3341. In case the upper border is broken, the instrument is likely to follow the upward trend.