GBP/AUD: Fails break of the previous high and engulfing bar after that – Negative signal
RSI moves below 50 and the price moves below 25 EMA – Also negative signal for sell, this is a often used strategy for trading.
CCI(50) move below 100
Sentiment: GBP remains under pressure, also we could see AUD higher as speech from Janet Yellen is expected later today.
Stefan D. Angelov – Head of Stocks Trading.