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Bearish Symmetrical Triangle
was formed on 24.06 at 05:38:14 (UTC+0)
signal strength 4 of 5

Bearish Symmetrical Triangle EURGBP H1

According to the chart of H1, EURGBP formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8525/0.8559 and upper border is 0.8583/0.8559. The pattern width is measured on the chart at -58 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURGBP breaches the lower border, the price could continue its move toward 0.8519.

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