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Jamal_Whyte

Gbp/Aud

Short
British Pound / Australian Dollar (FX:GBPAUD)  
Jamal_Whyte  
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD GBP aud pound aussie aussiedollar short SELL
2
0
gbpaud gbp aud pound aussie aussiedollar short sell
The GBP/AUD pair is starting to move lower in line with the dominant medium-term downtrend after a positive assessment by the Reserve Bank of Australia (RBA) lessened fears they would devalue the currency.
This Bearish setup was taken after the clear rejection shown on the 1H timeframe of resistance above, taking a clean 1:2 Risk & Reward
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