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Chart Of The Day: EUR/GBP

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 31, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Price action on EUR/GBP, a daily chart of which is shown, has formed yet another triangle consolidation pattern. This currency pair has recently been relatively reliable with regard to forming and breaking these types of consolidations. Although triangles are most often considered continuation patterns, eventually breaking out and continuing in...

    complete article here...

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