GBPAUD Long

٣٠ أبريل ٢٠١٩

GBPAUD had been trendling lower since it broke the year long daily channel on 4th April this year. The pair now seems to be in a downward channel which it is trying to break upwards due to weakness in AUD. This week AUD's PMI is expected, and is expected to be bad. My bet on GABPAUD is on the upside hence