Short GBPAUD

Updated
Fundamental:

  • Rising covid19 cases in the UK
  • Brexit talks this week - gloomy outlook
  • Falling covid19 cases in Australia + approaching hot season after
  • Budget deficit announced by Australia which might boost the economy
  • China's economy is showing signs of recovery (AUD is highly correlated with CNY)


Technicals

* As shown on the chart
Trade closed: target reached
TP1 hit. Close 1/2 position, move SL to BE
brexitCoronavirus (COVID-19)economyFundamental AnalysisGBPAUDTrend Analysis

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