ForexBees

The following is the GBPUSD hourly chart as of FEB. 15th, around 3PM EST. I have drawn two trend lines one at the top and another at the bottom and you can see that it has formed a symmetrical triangle. The triangle might be broken at any time. If the triangle is broken with a strong candlestick its a good opportunity to enter the trade. Also observe the four hour chart and you can clearly see the symmetrical triangle formation. Check the following pictures.

GBPUSD Hourly Chart:

GBPUSD hourly chart

GBPUSD Four Hour Chart:

GBPUSD four hour chart