EvanJones

Heavily Oversold and due a retracement

Long
FX:GBPAUD   British Pound / Australian Dollar
3
GBPAUD has seen a massive sell off based on the Brexit fear and the increase in Commodity prices helping the AUD.

This instrument is massively oversold and is close to been over extended and so I expect a retracement in the coming days. Buy limit orders around the lows recently made targeting 1.88 area.

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