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FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
- USD/THB is currently trading around 33.15 marks.
- It made intraday high at 33.17 and low at 33.13 marks.
- Intraday bias remains neutral for the moment.
- On the top side, key resistances are seen at 33.25, 33.40, 33.52, 33.78 and 33.96 marks respectively.
- Alternatively, a daily close below 33.15 will drag the parity down towards key supports around 33.02, 32.90, 32.66 and 32.50 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position on USD/THB around 33.16, stop loss at 33.25 and target of 33.02/32.90.
