GBPAUD: 1:5 Risk Reward SHORT
GBP Fundamentals:
- "UK services industry gloomiest since 2009 crisis" - CBI
- GBP reaching a price at which has a high selling value
- Prime minister may under threat from new parties and conservative party leavers who are not confident in her leadership
- The Brexit vote delay shows uncertainty
- "Brexit: Labour will back amendment for second referendum, says Corbyn " showing uncertainty for the GBP as investors move money from the GBP
- Quant score -14
AUD Fundamentals:
- "International Monetary Fund shows that Australia's economy is 'robust and resilient'."
- Australia's economy, solid infrastructure and labour market, warnings about the downturn in the housing sector and stagnant wage growth
- Quant score +20
Message me if you want to know what the quant scores represent!
- "UK services industry gloomiest since 2009 crisis" - CBI
- GBP reaching a price at which has a high selling value
- Prime minister may under threat from new parties and conservative party leavers who are not confident in her leadership
- The Brexit vote delay shows uncertainty
- "Brexit: Labour will back amendment for second referendum, says Corbyn " showing uncertainty for the GBP as investors move money from the GBP
- Quant score -14
AUD Fundamentals:
- "International Monetary Fund shows that Australia's economy is 'robust and resilient'."
- Australia's economy, solid infrastructure and labour market, warnings about the downturn in the housing sector and stagnant wage growth
- Quant score +20
Message me if you want to know what the quant scores represent!
Comment:
Great price to sell for any forex traders right now following my analysis