GBPAUD Weakest vs Strongest

14 January 2017, 09:56
Shehbaz Nawaz
0
30

Hello Traders,

Just a quick round up.

So according to my indicator (Currency Score)  AUD has been the strongest currency in the month of January, while GBP has been the weakest. This draws our attention to $GBPAUD pair.

Currency Score Monthly Jan 2017   Monthly GBPAUD

The pair broke a weekly trendline recently and is now falling with full force. However we will have to wait for a suitable level to enter short. 

Downtrend GBPAUD 

 

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