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

Comments

short to 1.80000 area ?
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@PKPR, Yes. The first TP was at that area. But I will jump in again with new positions after the break of the current Support 1.82300 area and ride it until maybe below 1.76000.
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