British Pound / Australian Dollar
Long
Updated

GBPAUD - Long Idea.

196
Caution AUD News Soon!

This one is interesting:

- MACD bullish diveregnce
- RSI was overbought
- Price reacting at that trendline
- price broke a long trednline on the 1 hour has retraced back and fully confirmed at the 61.8% fib level.

There is a weight of evidence here. BUT red flag Economic news is approaching...use caution.

1% Risk 2:1 RR

Good Luck!
Trade active
Looks like we are correcting just a little deeper. Still Long
Trade active
up down up down.
Trade closed: stop reached
up down, up down. directionless. Sitting on hands now.

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.