The Pound Dollar.

Good evening Dynamic Traders,

Sorry for not posting last night but had an accident and did not feel I could give my best.

Tonight, after all the pullbacks and consolidation that has been going on, caution and patience have been the best option of late.

However, on looking through the charts I have noticed that the GBP today at present is in the parameters of DD, although this is an unfinished candle, and should be analysed later at the close of play to see if it is still within the rules.

There are obstacles to be considered here, one being the consolidation, and therefore recent highs, but it is looking favourable and with a correct entry and good management, could pay dividends as all trends are up as of yesterday.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.