Daily FX Training | Learn Forex with the Dynamic Traders

Dynamic Trader Blog - Forex Chart Pattern Signals

Tuesday, July 01, 2008

Cable resistance

The Pound Dollar looks set for a possible reversal. A shorting opportunity with a tight stop loss on this pair is worth considering but please do your own analysis.

The chart below shows a daily time frame.


Chart courtesy of Advanced GET. Data provided by eSignal.

Good trading.

FX Analysts
Anne Chapman & Javid Shaik