kiwiwalnut
Short

GBPAUD Inverted Head and Shoulder

FX:GBPAUD   British Pound/Australian Dollar
51 1 4
Look out for possible inverted H&S for correction and upward moves.

Fundamentals support such a scenario and will update after work :P
kiwiwalnut
3 months ago
RBA announcement tomorrow. market expectation of rates on hold - may see a gentle touch at indicated area if rates are put on hold. RBA new governor likely to stay put with a wait and see rhetoric from the Fed with Sept rate increase.
Seeing some revival of "brexit" fears and talk from the G20 so likely to see one more move down. Looks like May's game plan is to line up as many ducks for trade agreements before triggering Article 50 to minimise damage to GBP and economic outlook. Pure expectation and outlook management as UK data looks half decent
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out