I like the GBPAUD for shorts
Do you have the GBPAUD on your tradable currency pairs list? I do.
The GBPAUD traded for a few days in a short term range, what I liked about the range is that it was formed around a long term important level:
But earlier today, it broke through the bottom of the range and let me tell you, it is now trading at historical lows, so I’m just waiting for the GBPAUD to give me a signal to go short.
What do you think about this one? What spread do you have here?