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Author Topic: Chart Of The Day: GBP/USD  (Read 4874 times)
pranjali
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« on: February 18, 2010, 11:35:22 am »
Chart Of The Day: GBP/USD
         

Price action on GBP/USD, a daily chart of which is shown, has tentatively broken down below an inverted flag pattern consolidation within the context of an overall parallel downtrend channel that has been in place since the mid-November highs. This tentative flag break hints at continued potential bearishness in the...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/chart-of-the-day%3a-gbp%10usd-20100218107032/
         
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