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Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.

GBP/$

Forex Trading: GBP/$

Posted by Michael FX on Thu, 02/28/2008 - 7:15am in

Sterling getting the offer here on an hourly:

Forex Trading: GBP/$

Posted by Michael FX on Wed, 02/27/2008 - 7:17am in

Sterling got through its resistance points yesterday and it has not looked back since:

Forex Trading: GBP/$

Posted by Michael FX on Tue, 02/26/2008 - 6:25am in

Sterling right back @ resistance which it faced before:

Forex Trading: GBP/$

Posted by Michael FX on Mon, 02/25/2008 - 8:10am in

Sterling resting on its 23.6% retracement level:

Forex Trading: GBP/$

Posted by Michael FX on Mon, 02/25/2008 - 5:06am in

Sterling looking a little heavy on an hourly with EMAs being negatively converged:

Forex Trading: GBP/$

Posted by Michael FX on Fri, 02/15/2008 - 6:33am in

Sterling collapsing to its 38.2% retracement level:

Forex Trading: GBP/$

Posted by Michael FX on Fri, 02/15/2008 - 2:22am in

Sterling gave its 61.8% retracement level a tap on the forehead today, a price we have been targeting for the past couple of days:

Forex Trading: GBP/$

Posted by Michael FX on Thu, 02/14/2008 - 4:09am in

Sterling targeting its 61.8% retracement level on an hourly as you can see:

Forex Trading: GBP/$

Posted by Michael FX on Wed, 02/13/2008 - 7:55am in

Sterling over the past few days has been playing a tune which the London desk analysts are keen to pick up on, with the pair getting through the retracement levels shown & also targeting higher ground as we watch its cross stay in good standing with longs:

Forex Trading: GBP/$

Posted by Michael FX on Tue, 02/12/2008 - 7:11am in

Sterling channeling a little higher, back to the figure, after getting nailed following the CPI data out earlier: