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Pounds To Dollars – 3rd March 2009

With the wide spread down bar from yesterday, I’m sure many retail traders jumped in this morning and went short, only to have been stopped out in the rally towards the end of Asia and the London open this morning. As I said yesterday, this...

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Pounds To Dollars – February 6th 2009

Yesterday saw another up bar, with the lowest price once again bouncing off the 9 day moving average, adding a little weight to the move. The problem of course as I have been saying for the last few days, is whether the resistance immediately above...

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