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Gbpaudshort

GBPAUD - Bearish BiasGBP - BEARISH 1️⃣ Sterling sank on Wednesday as profit-taking by traders after a strong first quarter for the British currency pulled it to a week's low against the dollar and its lowest in two weeks against the euro. 2️⃣ Market participants still expected limited losses for the pound. Some also cite seasonal factors such as the end of the tax year in Britain, for expectations that it will appreciate. AUD - BULLISH 1️⃣ Risk sentiment was fuelled after the International Monetary Fund upgraded its global growth forecast. 2️⃣ The RBA held the cash rate target at a record low 0.1%, kept the size of its A$200 billion bond-buying program, signaling it is prepared to buy further bonds to help lower the jobless rate and spur wage growth. 3️⃣ The Australian Industry Group Performance of Construction Index jumped to a record high of 61.8 in March of in a sign of confidence that the country’s economy is on its path to a roaring rebound, while the IHS Markit Flash Australia Services Index was revised lower to 55.5 in March, signaling a further expansion in activity and new business. ===== Technical ===== We are selling the GBPAUD below SBR + below SMA 50 on the H1 chart. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Short
by MonsunAsia
GBPAUD- Bearish Scenario #2Hello fellow traders; time for another analysis w/ SmoothPips 🙏 If you enjoy the analysis please make sure to leave a like and follow; so we can catch these pips together! ❓ What's unique about SmoothFX? -All trades executed off of the same "strategy" -Easy to read charts -Multi Time Frame Analysis -Learn and Earn experience -Very high probability -Experienced 🎯Leave some feedback & let's chat. Always willing to hear other bias'. 📌Remember; markets are moved through liquidity. We will earn more by helping each other. 🤞Please remember not every analysis will be 100% correct. Use your own due dill & discover your own research. Sincerely, SmoothPips <3
Short
by SmoothhhPips
7
GBPAUD- SHORTS?! Hello fellow traders; time for another analysis w/ SmoothPips 🙏 If you enjoy the analysis please make sure to leave a like and follow; so we can catch these pips together! ❓ What's unique about SmoothFX? -All trades executed off of the same "strategy" -Easy to read charts -Multi Time Frame Analysis -Learn and Earn experience -Very high probability -Experienced 🎯Leave some feedback & let's chat. Always willing to hear other bias'. 📌Remember; markets are moved through liquidity. We will earn more by helping each other. 🤞Please remember not every analysis will be 100% correct. Use your own due dill & discover your own research. Sincerely, SmoothPips <3
Short
by SmoothhhPips
2