GBP/AUD Daily Chart Short @ 1.5550

20 May 2013

This is a test trade. I have never traded GBP/AUD so I am testing this short with a very small position. This short is based on a bounce from resistance. It appears sellers are entering the market at this point. The target is subject to change at any time. As this is a new pair for me I may need to adjust my target several times during the trade.