Get started
algofxpro

GBPAUD: 1:2 Risk-Reward Opportunity!

Short
British Pound / Australian Dollar (FX:GBPAUD)  
algofxpro  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Fibonacci
1
0
trendanalysis supportandresistance fibonacci
As I can see a bearish retracement has occurred on the GBPAUD chart, and GDP m/m new coming shortly which is in favor of the current direction

So, fearlessly I can go short at least for a 1:2 risk-reward ratio.

Let's see what happened...!

Thank you.
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.