was formed on 08.01 at 19:23:54 (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 1.2367 - 0.0000 and support 1.2320 – 1.2320. In case the resistance level 1.2320 - 1.2320 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
