Forex | Forex Strategies | Forex Trading Analysis Pounds to Dollars (01/09/2009 09:33:34)

Forex Trading Analysis Pounds to Dollars

Forex Technical Analysis It is hard to see how the pounds to dollars pair is going to recover from the technically bearish  position in the short term, with all three moving averages now pressing heavily on Sterling , and coupled with the strong support which has now effectively been breached in the last few days, any recovery higher will require a sustained effort and a large dose of US dollar weakness. Yesterday's candle ended the forex trading session as a small doji, with the low of


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