willcurry

1D - GBP/AUD - Possible Long

Long
FX:GBPAUD   British Pound / Australian Dollar
This pair has been on a strong uptrend on the daily, making higher highs and higher lows. We saw negative retail sale data for Australia which caused the this pair to move up after the pound weakened due to uncertainty of when the next interest rate hike will. I am looking for this pair to break this weekly key level and continue to another key level of 1.76. This will depend on the RBA interest rate decision tomorrow which I personally think will be negative.

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