Bullish Symmetrical Triangle
was formed on 05.08 at 23:10:16 (UTC+0)
signal strength 4 of 5

According to the chart of H1, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0514/2.0550 whereas the upper border goes across 2.0585/2.0550. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPAUD will breach the upper border to head for 2.0590.
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