Short
Possible short opportunity
High RISK due to strong GBP movement at the moment.
GBPAUD reached to previous support level, which may have turned into supply zone introducing sellers.
RSI on lower time frames are also very much over bought, so a cool down period should be expected.
SL: above 1.87826
TP: Fib 0.236 of recent gain
GL
GBPAUD reached to previous support level, which may have turned into supply zone introducing sellers.
RSI on lower time frames are also very much over bought, so a cool down period should be expected.
SL: above 1.87826
TP: Fib 0.236 of recent gain
GL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.