Tim298

GBPAUD : SHORT TRADE IDEA

Short
FX:GBPAUD   British Pound / Australian Dollar
For the past few days, Gbpaud has been pretty bullish forming higher highs and higher lows, An exhaustion of the bullish strength in price can be noticed as sellers take over !

The downtrend should continue for a while before some bullish momentum comes in later days !

Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.

Goodluck !
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