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SachinKotecha

GBPAUD buy on break and close above resistance

Long
British Pound / Australian Dollar (FX:GBPAUD)  
SachinKotecha Updated   
FX:GBPAUD   British Pound / Australian Dollar
Beyond Technical Analysis Technical Indicators ichimokukinkohyo GBPAUD gbpaudlong gbpaudtrade
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beyondta indicator ichimokukinkohyo gbpaud gbpaudlong gbpaudtrade
A surprise in Australis housing permits of -8.4% as oppose to the forecasted +1.8% has left the AUD relatively weak. A break and close above 1.8104 for GBPAUD would warrant a buy, assuming no negative news added to the Brexit situation. Will update with targets and stop loss accordingly.
Trade closed: stop reached
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