GBPAUD seems to be in a well-respected channel beginning 30th July. Trading the range may be a valid strategy for the past 2 months.
However,outcome of US-China trade talks this week will affect AUD. If effect is significant, that paired together with supporting Brexit headlines as deadline draws near, could be the catalyst for the big breakout.
Worth watching.
However,outcome of US-China trade talks this week will affect AUD. If effect is significant, that paired together with supporting Brexit headlines as deadline draws near, could be the catalyst for the big breakout.
Worth watching.