Phase 1 GBPAUD Short plan (1:4 risk reward ratio)

2020-01-04 10:40:46

Plan: looking for a long term trade after Phase 1 decision on 15th Jan.
Reason:
1. GBP currently was in the cloudly direction for future growth, sideways is predicted till 31st Jan 2020.
2. AUD was currently in a hotlist, among the charts, it's risk appetite is reasonable good and appealing for long term trade. Go watch AUDNZD chart.
3. Thus, AUD was VERY dependent on export, CPI and PPI will sure be indicator for long this AUD.