Hello,Traders!
GBP-AUD is trading in a strong uptrend
And now it is retesting a rising support
However,the pair looks overbought
And I think a correction is necessary
Therefore, I consider a long to be risky
And I would instead wait for a bearish breakout
IF it happens, we can go short on pullback
IF there is NO breakout, the setup is invalid
Sell
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Related publications
Disclaimer
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