TraderAvDM

Is GBPAUD facing some resistance now?

TraderAvDM Updated   
FX:GBPAUD   British Pound / Australian Dollar
My previous GBPAUD buy idea gave more than 270 pips for traders who followed.

But, in the 4H Chart, is GBPAUD Facing resistance?

There is a Doji candle at the 100-Period EMA. So, if GBPAUD doesn't break the Resistance area, it may fall again to the Support Level.


If the resistance breaks strongly, then GBPAUD will reach 2.0105 easily.
Comment:
More than 80 pips drop since I posted this. Set-up was valid
Trade closed manually:
Anyone who took this trade, book your profits. 100+ pips
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