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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.

Forex Trading: GBP/$

Posted by Michael FX on Fri, 02/15/2008 - 1:22am 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: