GbpAud has already gone down a lot, but! That previous trendline down there coincide with the 50% Fib retracement so... I'm waiting for it to reach that point to hit with some buys, meanwhile I already sold it.
Let me know what do you think.
Hey traders, getting above 1.60000 is a strong indication of buying and I will follow that indication all the way up to 1.66000!
Good: fantastic risk/reward!
Caution: counter trend trade so keep stops tight!
What's your take on GBPAUD?
Check out my FREE strategy guide >>
To your profits!
Johan Nordstroem | Head ...