GBP/USD Bull pennant 1 hour
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Bull pennant: Target hit
What this tells you
A sharp rise followed by a small converging triangle; an upside break usually continues the rally.
← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns
Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Pole base | Oct 20, 05:00 | 1.32948 |
| Pole top | Oct 20, 14:00 | 1.33587 |
| Pullback low | Oct 20, 18:00 | 1.33362 |
| Confirmation | Oct 20, 21:00 | 1.33693 |
Recently closed Bull pennant patterns: 9 in total, 6 reached the target first (67%), 3 were invalidated and 0 expired (small sample). Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
Live levels and price alerts in the app
The Borearis app has live levels for every market, price alerts, daily picks and AI analysis.
