Trade of the Day: GBP/JPY
By: Dima Chernovolov GBP/JPY continues to fall inside the clear hourly Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the strong 8-bar level – which is the result of the sharp Initial Trend (10 bars), medium Uniformity (5 bars) and higher Clarity (8 bars). […]