Mon, 29 Apr 2013 14:13:57 GMT
Weekly Trade Pattern Idea
EUR/GBP has formed a Channel Down pattern on the 1D chart. The pattern has 61% quality and 41% magnitude on in the 44-bar period.The pattern started on the 26th of February, 2013, when the pair dipped to 0.8577; currently it is trading at 0.8430. Trading volume seems to be increasing in the length of the pattern. Technical indicators do not