SouthAfricanSnipper

GBPAUD - POSSIBLE SHORT

Short
FX:GBPAUD   British Pound / Australian Dollar
GBP will be going into full lockdown on Thursday, which will obviously weaken the Sterling. This is in addition to my bias that a breach of the RED strong support is a SHORT.
Trade active:
I am still holding this SHORT... the SL is now at positive but farther away from the action. I am expecting the price to reach the next resistance at the 1.79728 area.

GOOD LUCK TRADERS.

PS: Big data is coming out of GBP tomorrow plus GBP is going into full month lockdown tomorrow as weell
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.