AlexC
Short

Wrong prediction of news. Going SHORT.

FX:GBPAUD   British Pound/Australian Dollar
18 0 4
Seems that my prediction on better UK GDP results is awfully wrong.
New Zealand bank maintain their interest rate despite falling dairy product prices.
RBA probably follow similar move by adopting a look-see approach on the after effect of rate increase by banks.

Rebound towards North seems to reach apex point (shown in vertical line) which could signal a move downwards.
This apex point is just a few hours away after FED announcement to maintain interest rate.

Going for SHORT. Target unclear yet. Probably looking at range of 2.08xx.
Trade closed manually

Related Ideas

United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out