GBPAUD - Possible short term reversal
To me it looks as if this pair is in for a possible short term reversal. Bearish pressure still strong so targets should be smaller than usual. If 1.73 fails to reject price we might be headed for a bigger move all the way up towards 1.775.
Trade closed: target reached
First target level reached, puts 1.775 into focus.
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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.