Bo_Brady

Long idea for GBPAUD

Long
Bo_Brady Updated   
FX:GBPAUD   British Pound / Australian Dollar
Missed this good trade when there was a bounce off support level and a break in trend line. But still a good entry now to go long and target the next resistance level which is around the 50% Fibo .

Like and follow guys!
Comment:
BOE gave a statement about negative interest rate while this chart was posted but we can see that the 23.6% fibo became a strong level of support. This might just gave a good entry for reversal.
Trade closed manually:
Pair moving side ways. Will set up a new chart.
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