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Bullish Rectangle

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was formed on 26.03 at 16:52:44 (UTC+0)
signal strength 4 of 5

According to the chart of H1, GBPJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 193.44 – 193.44 and upper border 194.97 – 194.97. In case the upper border is broken, the instrument is likely to follow the upward trend.

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Bullish Rectangle