GBPAUD Consolidation at Structure
GBPAUD has maintained a tight range for the past two weeks after a strong bullish climb within its larger range, maintained since July 2016.
Depending on the price action today, I may enter a short position similar to the one shown, targeting the bottom of the nearly year long range since Brexit.
Depending on the price action today, I may enter a short position similar to the one shown, targeting the bottom of the nearly year long range since Brexit.
Comment:
SL moved to 1.73065