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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: Sterling respecting resistance stays offered...

Posted by Michael FX on Wed, 05/21/2008 - 5:48am in

Sterling respecting resistance stays offered, entering into what appears to be a consolidation patttern. Techs currently are indicating that it may return to the bottom level of the consolidation pattern.