MTayaib

GBPAUD PARALLEL CHANNEL SWING TRADE SETUP

FX:GBPAUD   British Pound / Australian Dollar
GBP/AUD is inside of a parallel If GBP/AUD can break 1.875 it's more than likely it'll head to 1.900
If it does reach our parallel channel look for a DAILY reversal before jumping in. If price doesn't sustain above 1.875 we could see it come back down to the Uptrend where we could go long.