Mon, 17 Dec 2012 10:18:46 GMT
Weekly trade pattern idea
GBP/USD has formed an Ascending Triangle pattern on the 1D chart. The pattern has 81% quality and 77% magnitude on in the 264-bar period.The pattern started on the 13th of January, 2012, when the pair dipped to 1.5234; currently it is trading at the upper limit of the Bollinger band at 1.6194; pattern's resistance is at 1.6307. Trading volume is