Short & Simple mark-up for GBPAUD. Hoping to see this fall bearish to at least 1.85000. My initial target is set to 1.80000 and second target reaching 1.76000 overall on the monthly perspective. However, things may change drastically due to fundamentals and some restrictions of COVID being lifted in the UK. If this goes bullish, I’m hoping for this to be after the...
Lovely shorting opportunity on the 4 hour.
Previous daily structure for possible reversal
Can trade off of the break out candle - or wait for a pull back to the consolidation zone then enter short
I'm more aggressive so i will be taking the trade depending on how markets open
check on Daily TF you may see if clearer what i am seeing