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Author Topic: Chart of The Day: GBP/USD  (Read 4079 times)
pranjali
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« on: April 15, 2010, 11:07:16 am »
Chart of The Day: GBP/USD
         

Price action on GBP/USD, a daily chart of which is shown, has stagnated in somewhat of a bullish consolidation since breaking out above the peak of a double-bottom formation early in the week. Although the double-bottom pattern was confirmed by the breakout above the peak, price has not yet followed-through...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/chart-of-the-day%3a-gbp%10usd-20100415111057/
         
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