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Bullish Symmetrical Triangle
was formed on 06.06 at 12:58:19 (UTC+0)
signal strength 4 of 5

Bullish Symmetrical Triangle GBPJPY H1

According to the chart of H1, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 194.63/194.98 whereas the upper border goes across 195.45/194.98. 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 GBPJPY will breach the upper border to head for 195.38.

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