GreenpointFX

GBPAUD Trading Lower This Morning: The pair is reversing

Short
FX:GBPAUD   British Pound / Australian Dollar
Good Morning traders. Today the is a lot of high impact news that could affect the GBP pairs but I am not afraid to enter ahead of all this.

I forecasting this pair to fall and price to reach the previous low at around 1.7500

The pair has found resistance at at 1.8047 and price is below the upper Bollinger band.

Short positions only

Stop: 1.8047
Target : 1.7500

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