Mon, 17 Jun 2013 11:03:41 GMT
Weekly Trade Pattern Idea
GBP/JPY has formed a Channel Up pattern on the 1D chart. The pattern has 44% quality and 96% magnitude on in the 296-bar period.The pattern started on the 19th of September, 2012, when the pair dipped to 118.80; currently it is trading at 149.22. Trading volume seems to be U shaped (relatively higher in the beginning and the end of