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spesfinancial

GBPAUD Wait for a consolidation to trade short breakout

Short
British Pound / Australian Dollar (FX:GBPAUD)  
spesfinancial Updated   
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD pounds sterling aussie
1
0
gbpaud pounds sterling aussie
Day chart: Yesterday's big red candle indicates short bias on this pair. Price may keep going down to test 1.6800 support.

4 Hour chart: Wait for a consolidation to see if there is a reasonable stop loss when price breaks yesterday's low.
Comment:
No trades activated. R:R ratio is not satisfied.

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