We start out the week with a nice short trade on GBPAUD . We can see the 1 hr chart formed a rising wedge them broke down, now I am looking for a pullback to form a lower high to confirm bearish momentum. Good to take it down to 1.67 area, the next major support zone .
Thank you for your support and feedback.
Here is the daily chart:
Trade closed: target reached:
First TP hit, 2% profit