Fundamental analysis: The AUD is under pressure with the current geopolitical situation.
The GBP remains a priori stronger than the EUR.
By intercomparison, GBPAUD should rise.
Retail sentiment: 59% on sale
Technical Analysis:
- Low of a bullish trendline
- The price has corrected the 0.618 of the last bullish implusion.
A BOS and break from the trendline could offer buying opportunities.
I remain patient.
The GBP remains a priori stronger than the EUR.
By intercomparison, GBPAUD should rise.
Retail sentiment: 59% on sale
Technical Analysis:
- Low of a bullish trendline
- The price has corrected the 0.618 of the last bullish implusion.
A BOS and break from the trendline could offer buying opportunities.
I remain patient.
Ordre annulé:
I did well not to take that trade
So I did not enter the trade. I remain attentive to the evolution.