RCP
Short

GBPAUD: Short GBP

FX:GBPAUD   British Pound/Australian Dollar
Good Morning Traders!
Today we have a very nice opportunity to short GBP. As we see on the chart we have parallel trend-lines which work as a magnet. What I look is the price to break the support and fall down. There are 2 opportunities to go short: 1. if the price goes to Red Zone we go short- which is a very nice area to sell with the best R/R. 2. if price doesnt go to this reversal zone, we wait the breakout and then sell. Our targets will be the next support level @ 2.1132 area, with the confluence of fibs 1.272.
P.S Keep an eye on todays             GBP news, as it will impact on the movement of the GBP market.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out