FxSaint

GbpAud - Anticipations

Long
FX:GBPAUD   British Pound / Australian Dollar
1
GbpAud - Had a plan to getting involved myself with this pair on speculative position, as was forming an idea that it will climb to test the LVL 1.72000, so was planning to speculate @ 1.6900 with 20-30 pips risk, but missed that entry as it happened while I was sleeping. Not really looking to trade it at this LVL though, as I like to risk very minimum but getting involved now will open my exposure. But if it happens that the price breaks through wedge pattern with momentum I may start considering a small long again. The price @ 1.72000 LVL will interesting to see though....I am looking into that as a bearish LVL.
I am not trading this, but thought I will put it here, so that people can see what I am anticipating with this pair.
GbpNzd.....have the similar setup....

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