FX:GBPAUD   British Pound / Australian Dollar
RBA big day and market had priced in a 51% probability for the rates to be kept on Hold and 49% probability for a rate cut. Finally the RBA kept interest rate unchanged and so the aussie dollar appreciated. Our trade idea is a pullback to the 50% Fib coinciding with a resistance and go short targeting next 15m support.
May 09
Trade closed: target reached

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