FX.co ★ GBPAUD M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the GBPAUD M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 1.9160/1.9152, while its lower boundary passes through 1.9147/1.9152. The pattern width is 13 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 1.9152 could send the price toward 1.9167.