GBP Trading Outlook (22-10-2013)

Real-money funds are still reportedly the main buyers on dips in AUD/USD. Obviously the barrier protection ahead of 95.00 in AUD/JPY is having a major impact, with large stops reported above 95.10. EUR/AUD bids near 1.4120/25 are proving very resilient. Stops reported below .9630 in AUD/USD.

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