TeePeeFX

Can GBP Bears take out the neckline?

Short
FX:GBPAUD   British Pound / Australian Dollar
This setup is only relevant if we can get that daily close below this neckline.
As i have already stated to TeePee Students; I want to hit a stop on this, and i will not trade it on a live account. all the reasons for this were shared in our live session earlier today. Targets (1.758 & 1.743) are fib ext targets (1& 1.618). i don't think the previous relevance of these levels is a coincidence.
As above, no daily neckline break, then the setup is not in play.

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