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UnknownUnicorn772665

GBPAUD Short Trade *BUY RUMOUR, SELL FACTS*

Short
British Pound / Australian Dollar (FX:GBPAUD)  
UnknownUnicorn772665 Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis GBPAUD GBP aud economics 50ema-rejection Fibonacci Retracement
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trendanalysis chartpattern waveanalysis gbpaud gbp aud economics 50ema-rejection fibonacciretracement
This is a pre-data trade for GBPAUD.

GBP is being bid up prior to the release of UK core CPI data today. It appears buyers are assuming good news which we all know, is highly unlikely considering the state of Brexit and the economy.

The classic "BUY the rumour, SELL the news"

Targeting new lower lows on the 1hr/4hr timeframe as the trend continues.
Trade active
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