Open trading account 
The RBA Australian rate decision is due Monday night
Will the bank of Australia decide to cut the rate from 2.25 to 2% on Monday night?
A survey of leading economists suggests that the opinions are split evenly,
about half of them think a rate cut is coming
Among traders, the belief of a rate cut is much higher - 75% believes the RBA will cut
It will be a tough trade to make on Monday night -- 4:30 GMT,
it is probably wiser to stand aside until the decision has fallen and look at the technicals
Gbp/Aud is very bullish at the moment, so I might buy that pre-decision
and get out before the verdict is made
I also may get back in if support levels around 1.94 hold if there is no rate cut,
and I might buy a retracement or go long immediately is a rate cut comes
gl all
Will the bank of Australia decide to cut the rate from 2.25 to 2% on Monday night?
A survey of leading economists suggests that the opinions are split evenly,
about half of them think a rate cut is coming
Among traders, the belief of a rate cut is much higher - 75% believes the RBA will cut
It will be a tough trade to make on Monday night -- 4:30 GMT,
it is probably wiser to stand aside until the decision has fallen and look at the technicals
Gbp/Aud is very bullish at the moment, so I might buy that pre-decision
and get out before the verdict is made
I also may get back in if support levels around 1.94 hold if there is no rate cut,
and I might buy a retracement or go long immediately is a rate cut comes
gl all
