GBP?AUD Short setup
Fundas: The RBA has kept its stance unchanged for the past several quarters and the markets haven't had much to use to price the Aussie other than as an EM/commodity driven currency.
Techs: This is more of a technical play than anything, I see a retrace in store here with sellers coming in every time the pair hits 1.8475 to 1.8500 zone (weekly res area). I am looking for sells anywhere between 1.8360 and 1.8400 to start in short with a stop at 1.8525 and ride it down to 1.8050.
Techs: This is more of a technical play than anything, I see a retrace in store here with sellers coming in every time the pair hits 1.8475 to 1.8500 zone (weekly res area). I am looking for sells anywhere between 1.8360 and 1.8400 to start in short with a stop at 1.8525 and ride it down to 1.8050.
Transaction en cours
Started in short.
Trade fermée manuellement
Trade closed b/e given pound relative strength on the day. Still monitoring for shorts after this, what i believe to be a short term push on the pound back to resistance lvls
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.