Bullish Symmetrical Triangle
was formed on 05.08 at 23:05:47 (UTC+0)
signal strength 3 of 5

According to the chart of M30, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.0585/2.0550 whereas the lower border goes across 2.0515/2.0550. The pattern width is measured on the chart at 70 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 2.0550 is broken, the price could continue its move toward 2.0580.
Figure
Instrument
Timeframe
Trend
Signal Strength