Hello all,
I'm going short GBPAUD pair again:
After recent trade was closed we had some pull back but yesterdays economical data was mostly in line as expected or missed expectations and sterling fell. I'm looking for breaks of recent lows and retest of previous resistance. We have lower highs here with nice price action, MACD is pointing lower and price broke my moving average so trade looks nice at this point.
Stop above recent highs.
Stay alert my friends for todays average earnings as they can show the way!
Good luck,
Cholia
I'm going short GBPAUD pair again:
After recent trade was closed we had some pull back but yesterdays economical data was mostly in line as expected or missed expectations and sterling fell. I'm looking for breaks of recent lows and retest of previous resistance. We have lower highs here with nice price action, MACD is pointing lower and price broke my moving average so trade looks nice at this point.
Stop above recent highs.
Stay alert my friends for todays average earnings as they can show the way!
Good luck,
Cholia