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Sascha_Gogolin

GBPAUD - Possible short term reversal

Long
British Pound / Australian Dollar (FX:GBPAUD)  
Sascha_Gogolin Updated   
FX:GBPAUD   British Pound / Australian Dollar
price-action Support and Resistance reversal correction
1
0
price-action supportandresistance reversal correction
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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