If you catch the GBPAUD entry last night, this trade could turn into a mini position trade. If the 1.6400 area fails, we should see a bigger push down. Some of your may be tempted to take the 100+ pips now, but a lot more pips are waiting. I would at least leave part of your position open ;)
Keep an eye on news. News could cause a few spikes up, but the Sterling should continue to lose value in 2017.
Happy Trading!
Keep an eye on news. News could cause a few spikes up, but the Sterling should continue to lose value in 2017.
Happy Trading!
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Related publications
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.