We are looking at a strong potential on a buy for GBPAUD, as it has enough support to buy. NZD news for ANZ Business Confidence was last night, that push price below to create support. Therefore, we are looking for GBPAUD to buy. Also, check the RSI indicator that it is at support level too.
TP: 1.795-1798
Comment
⋅
Sorry not NZD news, I meant AUD RBA Deputy Gov Debelle Speaks news. Also, check GBPNZD as it went up of NZD ANZ Business Conference went up too. GBPAUD AND GBPNZD correlated with each other.
interesting luck, look at my idea and look at my indicators I shared in the scripts
JoeJohnsonIV
⋅
@DaweFXHunter, Thanks, you have a good idea on how GBPAUD can still rally up as a buy. Interesting concept!
CatchingPipsfx
⋅
There is no confirmation for a Buy
JoeJohnsonIV
⋅
@CatchingPipsfx, Based on my news strategy, price went above the candlestick high of the time when news occurred. GBPNZD went up too as both pairs do correlate. Check your RSI and the recent ideas of most traders are calling GBPAUD a buy. Just give it time.