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Taguspt

GBPAUD short - reaction to strong weekly resistance

Short
British Pound / Australian Dollar (OANDA:GBPAUD)  
Taguspt Updated   
OANDA:GBPAUD   British Pound / Australian Dollar
Support and Resistance
3
0
supportandresistance
Simple rationale for this one: after making a false break above a strong weekly resistance level that goes back 2022, there is a strong probability that price will react and go down to at least the 1.906 level, which is where most of the volume along the last few days was concentrated.
Trade closed: stop reached
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