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JFD_Research
Aug 20, 2019 8:55 AM

GBPAUD - 240 - Be careful 

BRITISH POUND / AUSTRALIAN DOLLARICE

Description

Trade idea.

We can see the GBPAUD is sliding back down again towards its short-term upside line. We will keep a close eye on it, again, because if it holds, we may see a rebound and a push back to the 1.7956 barrier. But if that upside line breaks, we will only start looking at lower areas if we see a drop below the 1.7755 zone.

Please see the chart for levels and targets.

Don't forget your stop-loss.

Comment

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