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Bearish approach to the AUDGBP

FX_IDC:AUDGBP   AUSTRALIAN DOLLAR / BRITISH POUND
A bearish channel has formed on the AUDGBP             . The daily time frame shows a bearish movement since this summer so potentially this could continue beyond the target point here. Clearly there are some important announcements tomorrow (5Nov15) for the UK which could affect this pattern.
As I said, the announcement suggested a UK early interest rate rise was unlikely. Glad I waited.
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