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UpbeatFX

GBP/AUD Counter-Trend Move

Short
British Pound / Australian Dollar (OANDA:GBPAUD)  
UpbeatFX Updated   
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis GBPAUD gbpaudshort gbpaudsell pound poundsterling australiandollar GBP aud
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trendanalysis indicator beyondta gbpaud gbpaudshort gbpaudsell pound poundsterling australiandollar gbp aud
GBP/AUD pair is likely to surge up on a larger time scale, however; we see a chance that a short-term move down might be in the books. As this is counter-trend (plus short term), we use tighter stop than usual.

Entry: 1.916
Stop: 1.922
Target: 1.906

Have a nice week! Follow for more!
Trade closed: stop reached:
Trend beat us unfortunately. The good thing is that we used a tighter stop.
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