1.0ONE-TWENTY TWO: Trading Financial Marketshttps://drduru.com/onetwentytwoDr. Duruhttps://drduru.com/onetwentytwo/author/admin/British Pound Likely On the "Last Leg" of Its Rally - ONE-TWENTY TWO: Trading Financial Marketsrich600338<blockquote class="wp-embedded-content" data-secret="q9fn0XHsAY"><a href="https://drduru.com/onetwentytwo/2010/08/13/pound-on-last-leg-of-rally/">British Pound Likely On the “Last Leg” of Its Rally</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://drduru.com/onetwentytwo/2010/08/13/pound-on-last-leg-of-rally/embed/#?secret=q9fn0XHsAY" width="600" height="338" title="“British Pound Likely On the “Last Leg” of Its Rally” — ONE-TWENTY TWO: Trading Financial Markets" data-secret="q9fn0XHsAY" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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The British pound has been on a fascinating and very bullish ride versus the U.S. dollar. On Thursday, the pound accentuated its action by perfectly tagging the lower part of its bullish channel directly above support at the 200-day moving average (DMA). (Click for larger view) Source: dailyfx.com charts (click for larger view) I redrew ... Read morehttp://drduru.com/onetwentytwo/wp-content/uploads/2010/08/100812_GBPUSD1-300x184.jpg