FX.co ★ GBPUSD M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the GBPUSD M5 chart. Its lower boundary passes through 1.3544/1.3549, while its upper boundary passes through 1.3553/1.3549. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, GBPUSD is expected to break the upper boundary and move toward 1.3564.