FX:GBPAUD   British Pound/Australian Dollar
Although the MPC             will probably keep rates the same for a longer period the lead up to the QIR should give speculation that the UK will soon see an increase in inflation . The latest jump in Unemployment in AUD back to 6.2% should keep the pressure on the AUD. A nice area on support has started to form above the previous resistance of 19460 and we should see a retest of previous highs and up to the 20000 level
50% taken at 19700 and stop loss moved to BE
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