JLS Trade: GBPAUD Short Target Zone 1.8750-1.8000-1.7250
GBPAUD is projected to heading back to 1.8000 and pauses. The current estimated target zone of current interest rate differential is 1500 PIPs, at such after pauses (stabilized) at 1.8000, the pair may resume to move to downward by visiting the 1.7250.
For capital accumulation, short from interdays high to low interior the monthly band/level is recommedable until the 1.8000 target to be reached. After pausing, short fom the interdays high to low interior the monthly band/level is also recommendable. Long trade not recommendable due to the pair is being moving from disequilibrium state to equilibrium state to avoid overnight rollover charges. Short trades to look for two source of profits, from the appreciation of the AUD by the GBP plus interest rate differential rollover fees.
For capital accumulation, short from interdays high to low interior the monthly band/level is recommedable until the 1.8000 target to be reached. After pausing, short fom the interdays high to low interior the monthly band/level is also recommendable. Long trade not recommendable due to the pair is being moving from disequilibrium state to equilibrium state to avoid overnight rollover charges. Short trades to look for two source of profits, from the appreciation of the AUD by the GBP plus interest rate differential rollover fees.
Comment:
Comment:
My short trade in play