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was formed on 11.01 at 13:37:52 (UTC+0)
signal strength 1 of 5
Bearish Rectangle GBPUSD M5

According to the chart of M5, GBPUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.2215, the lower border is 1.2201. The signal means that a short position should be opened after fixing a price below the lower border 1.2201 of the Bearish Rectangle.

The M5 and M15 time frames may have more false entry points.

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