GBPAUD: Bearish continuation
Price has broken a key support level (1.7725) a couple of weeks ago with a retracement shown the last week.
Price action this week is showing a possible break towards the downside.
Retail traders are still net long, which indicates further bearishness in play.
GBPAUD Short
Entry is valid as long as price is below 1.7725
SL: 1.7820
TP: 1.7240
Price action this week is showing a possible break towards the downside.
Retail traders are still net long, which indicates further bearishness in play.
GBPAUD Short
Entry is valid as long as price is below 1.7725
SL: 1.7820
TP: 1.7240
Penafian
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