SteveTobin
Short

GBPAUD short position size increased

FX:GBPAUD   British Pound / Australian Dollar
39 1 2
The GBPAUD             trade published last week has made significant progress, currently standing at +350 pips it has cleared a major channel that has defined the latest part of the long standing bull trend. I expect the channel bottom to act as resistance should it be tested. The pair shows significant potential for a downside correction and as a result I have increased the size of my trade.
Please note stop is at the wrong place on the diagram, it has been adjusted to zero
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