Trade of the Day: GBP/USD

GBP/USD continues to rise inside the 15-minute Rising Wedge chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 7-bar level – which is the result of the slow Initial Trend (4 bars), strong Uniformity (9 bars) and significant Clarity (7 bars). Rising Wedge is expected to rise further inside this Rising Wedge.

GBP/USD continues to rise inside the 15-minute Rising Wedge chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 7-bar level – which is the result of the slow Initial Trend (4 bars), strong Uniformity (9 bars) and significant Clarity (7 bars). Rising Wedge is expected to rise further inside this Rising Wedge.