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Pound Dollar Currency – 5th February 2009

Trading in the pounds to dollars currency pair yesterday, has given us little in the way of any signal for the short term, or indeed the medium term either, and the fundamental news out later today, will probably not help clarify matters either. Yesterday’s candle...

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Pounds To Dollars – 4th February 2009

As you can see from today’s chart for the pound dollar currency pair, I have added two lines which provide a better picture of the current trend. Following yesterday’s up candle, which provided a bullish engulfing signal, this would suggest  a move higher for the...

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Pound Dollar Daily Chart – February 3rd 2009

Monday’s candle would suggest that the key resistance area at 1.4500 is likely to remain intact in the short term, as following Friday’s wide spread up bar, the pound dollar pair opened gapped down in early trading on Monday, with prices sliding during the day,...

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