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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: No stopping GBP/USD...

Posted by Michael FX on Thu, 03/27/2008 - 6:51am in

There is no stopping sterling in here as it gets bid further and further along its upward path. It took it a while to catch up with its cross GBP/JPY but when it did, there was no looking back: