Get started
UnknownUnicorn471844

GBPAUD - Go long before shorting it!

Long
British Pound / Australian Dollar (FX:GBPAUD)  
UnknownUnicorn471844 Updated   
FX:GBPAUD   British Pound / Australian Dollar
4
0
Plan to long GBPAUD before go short if the price remain under the plotted trendline.

GBPAUD = GBPUSD * USDAUD

Level to monitor: 16700, 167100, 167500.

Comment:
Technically, GBPAUD turned to shorting mode after Carney's dovish statement.
I am still look forward to long GA but waiting for the setup as the intermarket details showed a potential bid for this pair.

Reason: MPC voters - Hawkish on GBP
RBA not comfortable with expensive A$
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.