dawn996

GBPAUD Broken to the upside

Long
OANDA:GBPAUD   British Pound / Australian Dollar
Not sure if its a big too late but I do think this break up has room for a test of 1.8720. DMI + turn up. and GBPAUD has broken up of the downward trendline. It is looking increasing interesting for GBPAUD to trade higher. GBPUSD has broken towards the upside while AUDUSD has stalled given the dwindling risk sentiment. With Equities teetering on the brink of sell off, this can be a good play for risk off. Stop at 1.7870.

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