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Gekko.uk
Feb 28, 2015 1:25 PM

GBPAUD Short term short  Short

British Pound/Australian DollarFXCM

Description

RSI pointing downwards as it is consolidating. Mini bear flag forming to test bottom of trend line. In the long term, this pair will go higher, no doubt about it but it needs a little reprieve after the trashing it's received in January and February . Tight stop because this pair can destroy you if you don't stop it. Trade wisely.
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