TransurfingTrader

GBPAUD: Bearish Cycle Started

Long
FX:GBPAUD   British Pound / Australian Dollar
We have shifted from a bullish market into a bearish one.

However, price has begun to lose momentum which suggests to me that a retracement is likely.

We have several liquidity points on the buys that need to be targeted before we can begin to look at selling with the trend again.

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