madebyforex

GBPAUD LONG BET

Long
madebyforex Updated   
FX:GBPAUD   British Pound / Australian Dollar
Another long on GA.

Was hesitant to post this idea because the chart is messy.

Technicals:
-simply playing off the support

Price action:
-price held support level and going to challenge 1.9450 peg
-if sellers maintain control overall, then 1.91859 is my downward target

Fundamentals/Sentiment - See my last post // ideas are the same

Additional notes:
-GBP news this session can be the deciding factor for 1.9450 control
-GOLD dropping
Trade active:
GBP news was negative. Currently price is holding below 1.9450 but we'll see how this 4h candle prints.
Trade closed manually:
Closed now as selling continues.

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