FX:GBPAUD   British Pound/Australian Dollar
175 1 4
This is a midterm trading setup:
Main talking points:
1- GBPAUD             is trading around 1.690 at the time of this report.
2- Manufacturing PMI under the spot line at 08:30 GMT
3- the level ish             in 1 may be a signal of trend exhaustion
4- we may see the pair starting a reversal move toward a resistance level as it appears on the chart
5- this is a midterm trading setup, it is highly recommended to get into trade after 2 has faded so that you gauge the market properly.

Any comment is more than welcome
kostadin.paev
2 months ago
unpredictable ....
Reply
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