The medium term exchange rate target zone trend of GBPAUD is to downward direction by the current interest rate differential. Upward of the target zone was sterilization (short term target zone). The upper and lower bands/ceilings are both aligned as indicated by the S-Curve target zone of interest rate differential.
Short trade may be good by a single tranche, however multiple short trade tranches are more recommendable from the average monthly high of GBP band to average monthly low of GBP Band. The average monthly tranche estimated to 400-500 PIPs. Short trade generates two source of profits, the appreciation of the AUD by the GBP for estimated 1300 PIPs plus current interest rate differential overnight rollover fees.
Alignment to downward 1.8500-1.7200-????? subject to relative price to GBPUSD/AUDUSD in the future.
Short trade may be good by a single tranche, however multiple short trade tranches are more recommendable from the average monthly high of GBP band to average monthly low of GBP Band. The average monthly tranche estimated to 400-500 PIPs. Short trade generates two source of profits, the appreciation of the AUD by the GBP for estimated 1300 PIPs plus current interest rate differential overnight rollover fees.
Alignment to downward 1.8500-1.7200-????? subject to relative price to GBPUSD/AUDUSD in the future.
評論:
The S-Curve indicates on how the risk of volatility interior the target zone to break almost all stop loss interior the target zones for profit for counter parties to trade.