Get started
JoshFX1

GBPAUD 200 pips setup

Short
British Pound / Australian Dollar (FX_IDC:GBPAUD)  
JoshFX1  
FX_IDC:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis GBPAUD GBP aud pound gbpaudsell gbpaudbuy gbpaudshort gbpaudlong
7
1
trendanalysis chartpattern waveanalysis gbpaud gbp aud pound gbpaudsell gbpaudbuy gbpaudshort gbpaudlong
GBPAUD is still fighting the same resistance and seems to fail to break it. It's now a nice opportunity to sell it with a stop a bit above the resistance. All though the focus now is on selling, a good break of this resistance will be a buying opportunity, so keep your stop in place and be versatile and ready to buy. But for now sell.

Open: around 0.7124
TP: 1.6880
SL: 0.7170
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.