GBP/AUD - I believe it is time, the analysis is above, but if we are being honest, this looks like it will be a clear double top, by EOP on Monday, before RBA decide their interest rate within the Asia session on Tuesday, and I only see AUD growing stronger.
Especially with all the tension surrounding the UK interest rate itself this week, I don't see the pound holding strong whatsoever, so I am short on that naturally. This however, I can see a potential 100+ pip play breaking out.
Especially with all the tension surrounding the UK interest rate itself this week, I don't see the pound holding strong whatsoever, so I am short on that naturally. This however, I can see a potential 100+ pip play breaking out.