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Actual patterns

Bullish Rectangle

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was formed on 20.05 at 02:49:43 (UTC+0)
signal strength 4 of 5

According to the chart of H1, GBPAUD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 2.0668 – 2.0668 and upper border 2.0811 – 2.0811. In case the upper border is broken, the instrument is likely to follow the upward trend.

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Signal Strength

Bullish Rectangle