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alex.ofx
Mar 15, 2016 7:36 PM

GBPAUD LONG TERM SELL AFTER BREAK Short

British Pound/Australian DollarFXCM

Description

Hi guys,

I See a good short on the GBP against the AUD. GBP is taking alot of heat this month and with current fundimentals, GBP will see more selling pressure.

There is weekly support level around the 1.8900x-1.8800. I will be looking to short it if levels close below, looking to TP at 1.618 fib level at 1.788, a good 1000pips, very nice R:R

Please like and comment if it helps, and comment to share your ideas.
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