Based on previous publication on GBPAUD, this level (1.75458 - 1.75573) might potentially give 60 - 80 pips. Going to keep an eye for now.
Comment:
If a level forms where price is and we have a drop in price I think price might go through the level. However, if a level is not formed there's a good chance for that bounce.
Comment:
That was a deep entry into the level. it is still going to work in our favour.
Comment:
Did not have enough strength as I expected so it went through the level.