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Ken Veksler
Ignore what trader Ken Veksler calls the 'media hype' when it comes to speculation as to whether the RBA will cut interest rates next week. He looks at the options.
Squawk / 18 July 2016 at 11:48 GMT
Analyst / PIA First
United Kingdom
GBPAUD - using correlation and chart patterns, GBPAUD could be a good buy tomorrow. We have a stalling at the monthly 61.8% pullback level of 1.7442 and solid cloud support.

The intraday channel looks corrective at the moment so dips buying (similar to GBPUSD) would be ideal. Would have to close Tuesday above 1.7275 to keep the bull count alive.
sam wightman sam wightman
Hi Ian
Now that cad/usd is above 1.30 , are we now looking at more upside ?
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
its broken the reverse trend line so very possible yes. Bull run could last until 7pm (UK)


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