Confluences for Trade: - Strong Bearish Candle Formations - Price broke M/T Trendline (Since Sept 2017) - Fundamentally, Brexit uncertainty provides a bearish outlook on GBP while AUD may improve on higher chances of Trump and Xi get something agreed on regarding trade and with a more dovish FED, AUD being an investment grade country will see inflow back into their bond markets.
Suggested Trade: Entry @ Area of Interest 1.7360 - 1.7620 SL: 1.7783 TP: 1.6773 RR: Approx. 2.33 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.