SwipeFX

GBP/AUD short 200 PIPS PREDICTION

Short
OANDA:GBPAUD   British Pound / Australian Dollar
PRICE action is stalling in this resistance area . if we see further rejections when markets open then we can take a nice short position for 200 pips+ if price does not make more rejection then we will not enter.

dont be hesitant and enter the trade without seing further price action especially in the lower time frames.

suggestion: wait for a 15m trendline break , look for lower swing highs. wait for london session and see where and how the technicals align together.

if price keeps pushing further up without rejections then do not enter just be patient.