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Sam_Eder

GBPAUD - Long Bias in Play

Long
British Pound / Australian Dollar (FX:GBPAUD)  
Sam_Eder  
FX:GBPAUD   British Pound / Australian Dollar
Technical Indicators Fundamental Analysis fxrenew trading GBPAUD fx
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indicator fundamental fxrenew trading gbpaud fx
After a strong reaction in a bull market type, GBPAUD is potentially poised for further gains.
We have had a bullish engulfing off the Bollinger Median Line (20 SMA) and contextually the
Aussie has been weakening.

Keep in mind that today we have a crunch Brexit meeting in the UK which could either
amplify the recovery or throw a spanner in things.
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