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was formed on 09.10 at 20:50:41 (UTC+0)
signal strength 3 of 5
Bearish pennant GBPJPY M30

The Bearish pennant pattern has formed on the GBPJPY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 203.17; the projection of the flagpole height is equal to 120 pips. In case the price breaks out the pattern’s bottom of 203.17, the downtrend is expected to continue for further level 202.87.

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