Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Wednesday 26 June 2013

GBPAUD

I still got a 1/3rd short position on this pair but till now has been grinding it lower. Seems we are at a significant juncture with cyclic phasing analysis still calling for the 100day low to be worked out lower. Price is currently inside the retracement cloud with the trend under pressure, albeit timidly for now.
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