GBPAUD has maintained a tight range for the past two weeks after a strong bullish climb within its larger range, maintained since July 2016.
Depending on the price action today, I may enter a short position similar to the one shown, targeting the bottom of the nearly year long range since Brexit.
Depending on the price action today, I may enter a short position similar to the one shown, targeting the bottom of the nearly year long range since Brexit.
Note
SL moved to 1.73065
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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.