piptank
Long

GBPAUD Bullish View fundamentals #RBA #China #forex

FX:GBPAUD   British Pound/Australian Dollar
My mood is bullish for that Pair.
Basically due to fundamentals like cheap oil             FX:USOIL             , iron ore, coal and metals like copper             FX:COPPER             . Main consumer worldwide and in this region is China. China's economy is slowing down after years of +7% growth.
http://www.tradingeconomics.com/china/gdp-growth-annual
http://www.tradingeconomics.com/china/business-confidence

One of China's big supplier is Australia. http://atlas.media.mit.edu/en/visualize/tree_map/hs92/import/chn/aus/show/2013

Australia's currency devalues with cheap commodities .
Watch out for the main event for GBPAUD             .
Interest Rate in Australia is reported by the Reserve Bank of Australia this week.
http://www.tradingeconomics.com/australia/interest-rate
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