Forex48_TradingAcademy

GBPAUD Potential Short towards 1.9280

Short
OANDA:GBPAUD   British Pound / Australian Dollar
GBPAUD shows a bullish structure in H4 with the price returning to test the supply zone. Here, the price could reverse towards 1.9280, where we find strong liquidity corresponding to a daily low on M15 and a swing low on H4.
Personally, I am waiting for a structural change on M15 to enter the market. I will keep you updated on the situation. Greetings from Nicola and have a good day everyone.
Trade active:
This is the trade that I opened yesterday after a good change in structure at M15. The target is set below the H4 swing low, where in my opinion, we have a good zone of liquidity.

Comment:
Today before the Bailey's speech I will close this trade.

Trade closed manually:
I closed the trade at the level 1.93186 with a profit of 1.5%

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