The GBPAUD has been on a rampant upwards correction, which is expected after its recent hammering versus the AUD Dollar.
With some weakness seen this week in GBP pairs against the AUD and DXY I expect this pair to retrace either to my first profit target of 61.8% and potentially the 50% area.
For more information on trade setups, please follow me on here, twitter or sign up to my website in development: www.ejfxtrading.com
With some weakness seen this week in GBP pairs against the AUD and DXY I expect this pair to retrace either to my first profit target of 61.8% and potentially the 50% area.
For more information on trade setups, please follow me on here, twitter or sign up to my website in development: www.ejfxtrading.com