Thu, 14 Nov 2013 07:15:24 GMT
GBP/NZD 4H Chart: Triangle
A formation of the triangle pattern by GBP/NZD started in mid-October; the pattern has lasted for 117 hours already but is likely to be breached in the following hours as the pair almost approached the apex. Currently, GBP/NZD is vacillating slightly below the pattern's support, suggesting that the breakout may have occurred, especially given the proximity of the apex. If