spesfinancial

GBPAUD may worth giving a try on short

Short
FX:GBPAUD   British Pound / Australian Dollar
British pound was going quite weak following US dollar's retracement, but GBPUSD does not have a clear trend today as the trend on higher time frame is up. GBPAUD , however, has downwards broken key support on 4 hour chart and retested it as a resistance zone . With two weak candle in the yellow box, we may able to find short opportunities with small stop loss after a consolidation.
Trade active: First target is almost reached