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Trade Ideas Educator: GBPAUD Bat
British Pound / Australian Dollar
Short
Trade Ideas Educator: GBPAUD Bat
By RaynLim
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Updated
Nov 5, 2019
3
Oct 13, 2019
A bearish Bat pattern forming up on the daily chart may hit sooner than expected due to the optimism of recent development of brexit deal.
Next week pose treat to this currency as both GBP and AUD will be of a highlight.
GBP due to Brexit talks and potential of dissolving the parliament and Queen's speech.
AUD is affected due to the development of China-USA trade war, though it's better now but any changes or development will affect AUD.
Nov 5, 2019
Trade active
Stops shift to entry 1.8703
Risk-Free Trade Attained
askforex100
Bat
Bearish Bat
countertrend
GBPAUD
Harmonic Patterns
sideways
Support and Resistance
RaynLim
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