I have spotted important points on chart, kindly zoom the chart for more information and to understand trading idea which I have explained below.
We are in period of consolidation (though small) on GBPAUD .
Trading Set Up
i. If market move down then best buying area is 1.8140 (new ) for better risk to reward ratio.
ii. if market continue moving up then we will not open long position, we will wait for pull back of price then we will have case ii for going long.
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