A movement of 3.62% over 18 days on GBP/USD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? […]

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By: Dima Chernovolov   GBP/USD continues to fall after the recent breakout of the daily Triangle chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Triangle at the 5-bar level – which is the result of the average Initial Trend (5 bar), strong Uniformity (7 bars) and lower Clarity (4 […]

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