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TomAndrews
Mar 16, 2019 1:56 PM

GBPAUD Daily Channel Short

British Pound/Australian DollarFXCM

Description

GBP/AUD testing the upper parallel of the daily ascending channel which coincides with the 1.87500 Monthly level. I'll be monitoring price action on the LTF'S around this area for potential short positions. We can see that price is beginning the decelerate around this region and this could provide us with a nice R/R short trade. One for the watchlist.
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