MassFx
Short

GBPAUD - Great Short But Be Careful

FX:GBPAUD   British Pound/Australian Dollar
43 0 1
Last post on this pair didn't go so well HOWEVER:

- 61.8 Fib holding
- Top end of a channel which provides a great risk reward
- Lower highs and lower lows on the higher timeframe
- Hanging man on the daily chart .

Tight stops are in place as a daily close above the channel/2.100 level may indicate further bullish momentum.
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