Monday, 12 April 2010

update: GBP ABOVE 1.54, careful holding for longs or quick shorts

GBP breaks to top of range and whilst stays above 1.54 for long, EUR also reaching top of the bottom range, failure at current price should cause another mid-to-short-term drop

AUD supported so will have to see the extent of any drop caused by other sell-offs and see how liquidity is redirected

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