Our free forex signals service trade today is a buy order on the GBP/AUD pair. The GBP/AUD pair is moving sideways in the short term and it seems determined to resume its growth. Now, it is trying to accumulate more bullish energy before jumping higher. A temporary decline or an accumulation was expected after its previous rally. The British Pound is strong also because the UK Flash Services PMI came in line with expectations, while the Flash Manufacturing PMI was reported higher at 58.2 points versus 57.2 expected. Today, the Australian Construction Work Done registered a 0.3% drop versus a 3.0% expected and compared to 2.2% growth in the previous reporting period. Get FREE Forex Signals Now! 3 Free Forex Every Week – Full Technical Analysis UK CBI Industrial Order Expectations At 26 Points The GBP received a helping hand also from the CBI Industrial Order Expectations today. The indicator was reported at 26 points far above 8 points expected and versus 9 points in the previous reporting period. Technically, the pair is fighting hard to stabilize above the downtrend line. 1.8498 stands as a static support, the GBP/AUD registered only false breakdowns below this level signaling strong buyers. An upside continuation could be activated by a new higher high. On the other hand, a new lower low could invalidate the upside scenario. Free forex signals – BUY GBP/AUD at 1.8613 Free forex signals entry price and takes profit Instrument: GBP/AUD Order Type: BUY STOP Entry price: 1.8613 Stop Loss: 1.8469 TP1: 18799 My Risk: 1% Risk / Reward Ratio: 1: 1.3 Looking to trade forex now? Invest at eToro! Trade Forex Now! 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Olimpiu Tuns Olimpiu Tuns Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms. View All Post By Olimpiu Tuns Daily Look share Read Next Gold Forecast: Attracted By Dynamic Support As 1,800 Fails To Hold Olimpiu Tuns 3 days Our free forex signals service trade today is a buy order on the GBP/AUD pair. The GBP/AUD pair is moving sideways in the short term and it seems determined to resume its growth. Now, it is trying to accumulate more bullish energy before jumping higher. A temporary decline or an accumulation was expected after its previous rally. The British Pound is strong also because the UK Flash Services PMI came in line with expectations, while the Flash Manufacturing PMI was reported higher at 58.2 points versus 57.2 expected. Today, the Australian Construction Work Done registered a 0.3% drop versus a… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
