Trade Idea - GBP/AUD - Short

82
GBP/AUD (30 Min) The pair has been in a long term uptrend which got broke. Price has failed to break through major resistance, showing potential bearish move to the downside. (RSI indicates the pair is overbought)

We will be looking for a simple break and retest of previous structure before entering a SHORT.

Follow for more trade ideas and setups.

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.