KarlRollon

Is GBPAUD on a comeback?

Long
KarlRollon Updated   
FX:GBPAUD   British Pound / Australian Dollar
A currency pair to watch this week as we approach the final 4 months this year, 2020.

Watch closely regarding monetary news from RBA's rate statement on Tuesday, 1st of September, 2020.

Westpac bank projects AUDUSD at 0.77.

Could a buy at 50% and/or 61.8% be eligible for this pair?

What do you think could it offer for GBPAUD?

Have a nice trading week.
Trade active:
Due to price expiry each week, we have adjusted the Fibonacci retracement price level to the following 50%: 1.80700 61.8%: 1.79894 and to least expectation, 100%: 1.77284.

Happy trading week.
Trade active:
After a good squeeze, this pair has been an excellent runner.
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