Forex48_TradingAcademy

GBPAUD POTENTIAL LONG TRADE - UK NEWS

Long
OANDA:GBPAUD   British Pound / Australian Dollar

We have a potential trade on GBPAUD. The market has an uptrend after the NZD CPI, and I anticipate a retracement during the London session following the momentum of the Asian session, with price returning to the 1.9140 zone where we have a Fibonacci confluence. We should wait for proper confirmation on the H1 and M15 timeframes while managing the risk. Greetings and have a great day to everyone from Nicola, CEO of Forex48 Trading Academy.

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