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Excerpt from:  Forex Analysis
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September 09, 2008

U.K. Pound Forex Trading Strategy

News continues to be bad for sterling in currency trading
The U.K. pound continues to falter in forex trading, and it seems the only strategy right now is to short. Even hopes of a correction for the sterling in currency trading seem a bit far fetched, although the dollar/sterling pair is probably overstretched.

The news that house prices fell again in August is not helping the U.K. pound in forex trading, and there are continued appeals to the Bank of England to lower interest rates in an attempt to stimulate the flagging economy.
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PermalinkTwo British Towns Introduce Their Own Currency
.Totnes and Brixton offer their own alternatives to the ailing sterling
.http://www.bloomberg.com/apps/news?pid=20601083&sid=aq6uUiFX9_ZM&refer=currency
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PermalinkU.K. Pound and Forex Trading
.Currency trading on the FX market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  currency trading, dollar/sterling pair, forex trading, forex trading strategy, house prices, sterling currency trading, U.K. pound forex trading
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