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Pounds to Dollars Forex Analysis 30 July 2010

The upwards trend for cable continued yesterday but with a muted tone as the pounds to dollars pair ended the forex trading session with a small doji cross candle suggesting that the market is taking a breather at this level before continuing on its upwards...

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Pound Dollar Daily Chart – 13th March 2009

Following the hammer candle of Wednesday which was repeated yesterday the we are now seeing the British Pound rise this morning which comes as no great surprise breaking through the 9 day moving average and just touching the 14 day.   For any long term reversal...

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Cable Daily Candle Chart – 12th March 2009

chart I am really getting bored with this pair as yet again cable tries to find a floor against the dollar, with the falling wedge pattern still weighing heavily and likely to cause severe instability in the short term, hence my advice to be careful...

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Pounds To Dollars – 13th February 2009

Whilst yesterday’s candle was indeed a down bar as expected, prices recovered later in the session and we ended the day with a small doji, which may indicate a short term reversal in prices for today for the pound dollar pair. The candle finished below...

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