Wed, 27 Mar 2013 14:14:57 GMT
Weekly Trade Pattern Idea
GBP/JPY has formed a Channel Up pattern on 1D chart. The pattern has 52% quality and 75% magnitude on in the 138-bar period.Pattern started on 19th of September, 2012, when the pair started depreciating 128.85; currently it is trading at 142.50; only 100 pips higher than the support line. Technical indicators on aggregate point at appreciation of the pair three