FX.co ★ GBPAUD M30: Bearish Rectangle

According to the chart of M30, GBPAUD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.9817 – 1.9817 and upper border 1.9872 – 1.9872. In case the lower border is broken, the instrument is likely to follow the downward trend.