GBPAUD is near its post-Brexit channel top giving potential for a downward swing and channel continuation.
I'm not quite satisfied with the set up enough to enter a pending order yet and will watch to see if the pair stays in a tight range in this area and establishes a good short entry.
I'm not quite satisfied with the set up enough to enter a pending order yet and will watch to see if the pair stays in a tight range in this area and establishes a good short entry.
Comment:
Pending trade architecture in comments below
Trade active:
Opened with Sell Stop order as shown in chart posted in comments.