BenCheungFx

GBP/AUD "REVERSAL" TRADE

Short
FX:GBPAUD   British Pound / Australian Dollar
GBP/AUD Was looking like a very strong buy until it started a reversal shown on the chart.

It's cleanly started trending downwards with a set of lower lows and lower highs. Price is currently hovering around previous structure low meaning this is a good possibility of a retest.

As the trend is clearly bearish and we're able to enter at a potential high. This is a perfect opportunity to short this pair.

Trend is your Friend :)



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