was formed on 05.11 at 05:34:51 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
According to the chart of M15, GBPUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3025 - 0.0000 and support 1.3009 – 1.3009. In case the resistance level 1.3009 - 1.3009 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
