Searle

GbpAud Potential Long setup

FX:GBPAUD   Libra esterlina/Dólar australiano
GbpAud as mentioned before is still Bullish. the market is currently retracing. Last week 2 successful positons hit Tp and the week ended with a strong Bullish candle. I believe the market will retrace some more because of Brexit uncertainty. Cot figures released from last week shows that investors/ big boy bankers closed off +8000 short positions and increased Long exposure by adding +1900 Long Positions which indicates Gbp strength will come back into the market. AUD currency strength shows that its still weak which indicates to still expected GbpAud to push higher. For now we just have to sit and wait for the opportunity to present itself.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.