ASCENS10N

GBPAUD: Bearish continuation

Short
FX:GBPAUD   British Pound / Australian Dollar
Price has broken a key support level (1.7725) a couple of weeks ago with a retracement shown the last week.

Price action this week is showing a possible break towards the downside.

Retail traders are still net long, which indicates further bearishness in play.

GBPAUD Short
Entry is valid as long as price is below 1.7725

SL: 1.7820
TP: 1.7240
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