Mon, 07 Jan 2013 17:56:24 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 1.6078. Pattern's resistance is at 1.6306 and is set to intersect with the pattern's support on 4th