We don't have news scheduled for GBP or AUD today, we have a 4 hr descending wedge. It can breakout on either side, so i would trade this intraday with buy stop and sell stop with 50 pips target. However, i have a buy bias until 1.94500 is tested
Note
Intense breakout is dueNote
Out of short, now long as previous low wasn't taken outNote
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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.