Trade of the Day: GBP/AUD
GBP/AUD continues to fall inside the 4-hour Triangle chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Triangle at the 6-bar level – which is the result of the slow Initial Trend (1 bar) and strong Uniformity and Clarity (8 bars). GBP/AUD is expected to fall further inside this Triangle. […]