#GBPAUD: Reasonable target with 400 pips!

Dear Traders,

gbpaud distribution phase ended last Friday, price currently recovery from heavy sell off. Our target is reasonable as GBP is likely to gain back its strength as the week progresses. After looking at the last few candles of 1 hour timeframe, it is clearly visible that bullish momentum is increasing and price can reach the target in short time.

If you like our work then do like and comment that will encourage us :) thanks for your continuous support.

Trade active:

update the stop loss, put the stop loss below LL

Trade closed: stop reached:

BoE inflation rate data came out negative and hence why all gbp pairs dropped. our swing selling idea still remain valid.