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Short

2014/05/16 (Friday) Price Action

FX:GBPAUD   British Pound/Australian Dollar
12 0 0
As expected Friday was a quiet day with closing in an inside bar with move upward.

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This is an active trade for me at the moment.
We could see further limited movement as people decide on the positions they hold.
I do not see any signals for an early exit, we may see an additional move upward and perhaps even stop out of my position if enough momentum gets behind an upward test in the Australian morning.

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