FX.co ★ GBPAUD M30: Bullish Symmetrical Triangle

According to the chart of M30, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.8893/1.8913 whereas the upper border goes across 1.8929/1.8913. 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 1.8943.