Liquid-liquid two-phase flows are encountered in several process industries, multiphase reactors and oil industries. In each of these applications, identification of flow patterns poses a challenging problem and many efforts are directed towards developing suitable devices for this purpose. In the present work, attempts have been made to use pressure gradient and transient pressure signals to study flow patterns during the simultaneous flow of two liquids through a horizontal pipe. It is observed that the slope of the pressure gradient curves as a function of fluid superficial velocities is a weak function of the flow pattern. However, the variation of the slope with the pattern transition is much more significant when the pressure gradient is normalized with respect to only kerosene flow through the pipe (Delta p(TP)/Delta p(KO)). Further attempts have been made to identify flow patterns from transient pressure signals and the statistical analysis of these random signals has been undertaken. The PDF analysis and the wavelet multiresolution technique have been adapted to explain the signals in detail. The flow regimes identified are smooth stratified, wavy stratified, plug flow, 'three-layer' flow, 'oil dispersed in water and water' and 'oil and water in oil' flow patterns. The signal characteristics are depicted for each flow pattern.