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Week Ahead: The pound forex

Once we plotted on the graph of the "Dragon and learn to identify the signals to open positions, you the pound forex should think about increasing accuracy. To confirm the signals to buy and sell can be used popular indicator MACD. Add the pivot levels and MACD.

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So far the lower rates has given consumers confidence to spend, which was indicated in the pound forex the improved retail sales numbers. Mostly due to short-covering ahead of the European Central Bank policy meeting on Thursday. Euro edged up slightly against the dollar,

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A candle does not show where most of the the pound forex activity has been during the candle's timeframe. For sure do not start it before the release of the news and straight after forex bullish charts its release because that it is the most volatile time in the market.

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