GbpAud to resume its down trend? Short

British Pound/Australian DollarFXCM

Description

⋅ Oct 8, 2020 7:56 AM

The trend for GbpAud is clearly down and after a strong rebound from 1.75, the pair corrected around 800 pips.
Now the long term trend looks ready to resume and a sell trade for a drop to 1.78 could have a more than 1:2 R:R

Comments

BakiShirzadi

⋅ Oct 8, 2020 8:13 AM

Perfect idea

Mihai_Iacob

⋅ Oct 8, 2020 8:18 AM

@BakiShirzadi, THANK YOU!