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GBP/USD — Pennant Chart Pattern on H4

The GBP/USD currency pair has formed a somewhat sloped pennant chart pattern on the H4 chart during Thursday-Friday. read more »
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Laid Trades » The Pound Bulls Are Standing On Shaky Ground – May 20, 2010

Looking at the Cable’s daily chart, it looks like the pound is poised to move lower yet again. Notice how the GBPUSD is forming a bearish pennant pat[...] read more »
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