British Pound / Australian Dollar
Long
Updated

GBPAUD - Accumulation phase ✅

461
Hello traders!
‼️ This is my perspective on GBPAUD.

Technical analysis: Here we are in accumulation phase as price is in a range for the last 2 months, so I expect we could see AMD pattern. Price to manipulate sell side liquidity and then to distribute higher for buy side liquidity.

Fundamental news: Next week on Wednesday will be released monthly GDP on GBP, on Thursday Unemployment Rate on AUD, as well Interest Rate on GBP.

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Note
Sell side liquidity taken, going for buy side liquidity

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