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NTrading
Feb 28, 2016 10:20 PM

GBPAUD Possible Long Long

British Pound/Australian DollarFXCM

Description

GBPAUD seems to starting an up movement. We need to see if it is a correction or a reversal. I expect a breakout of the upper trendline if it is going to be a big reversal. If it breaks the upper trendline we can go long for further long movement (remember the open GAP)
Comments
NTrading
Structure has change



Currently i would stay away while waiting for a breakout (up or down it does not matter).
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