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GBP/AUD Signal - AUD Ellis Speech - 26 Aug 2021

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Signal Details
Entry Price: 
1.8918
Take Profit: 
1.9120
Stop Loss: 
1.88250
Direction: 
Buy
How we trade
Average: 5 (1 vote)

GBPAUD has traded into support during a bull market prior to RBA Ellis' speech. Ellis is the assistant Governor of the RBA. Technically the pair has traded into support, and the RSI is giving bullish divergence. We anticipate upside into the 1.9120 level!

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.