Hi traders,
today I will share my GBPAUD long setup with you. As you know already we will see an increase of the interest rates
at the UK of 0,5% in the upcomming week. The BOE will increase the interest rate after the FED.
So from the fundamentel site we have a reason to go long on this pair.
On the other hand you can see from technical site a break of the downtrend and a formed higher low after the lower low
at the weekly support.
Now we see a phase of concolidation before the 1st impulse to the upside.
So fasten your seatbelts to catch the move to the upside.
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