Trade of the Day: EUR/GPB

EUR/GPB continues to rise inside the daily Down Channel chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 6-bar level – which is the result of the below-average Initial Trend (4 bars), higher Uniformity (6 bars) and strong Clarity (9 bars). EUR/GPB is expected to fall further inside this Down Channel.

EUR/GPB continues to rise inside the daily Down Channel chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 6-bar level – which is the result of the below-average Initial Trend (4 bars), higher Uniformity (6 bars) and strong Clarity (9 bars). EUR/GPB is expected to fall further inside this Down Channel.