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07 June 2007

GBPAUD continues down move

GBPAUD continues down move


Story begins here.

This pair seems to be one of the last still moving anywhere. During early Asian session Bearish fractal has been taken opening a new short position. Currently Acceleration and Momentum are down offering a new entry point.


Monthly chart shows us a possible target - 2.27 All other time frames between four hours and monthly are showing the same - strong down move. Keep your eyes open and take signals when they appear.


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