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Bullish Symmetrical Triangle
was formed on 04.06 at 09:27:38 (UTC+0)
signal strength 4 of 5

Bullish Symmetrical Triangle GBPUSD H1

According to the chart of H1, GBPUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3484/1.3519 whereas the upper border goes across 1.3558/1.3519. 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 GBPUSD will breach the upper border to head for 1.3559.

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