I’m quite long of this pair and have done very well thank you, so it’s time to book a small bit of profit and make trading easier from now. I’ve sold 1/4 of my position at 1.5175 but I do not anticipate the market dipping much below 1.5000 from now on. My medium term target remains 1.5650 and next technical resistance of note is the 200-day MA at 1.5245.
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GBP/AUD: Time to take a little bit of profit off the table
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