GBPAUD POTENTIAL SHORT
GAUD could provide a nice short setup this week, I do expect GA to rise this week with the first test being the 1.81 psych level which confluences nicely with the 78.6 fib level, I will look for price action confirmation at this region to short but with a lot of caution as the volatility of this pair can easily drive price up to 1.82 for a final test, of 1.82 is broken, I will look for pullbacks for potential longs potentially at the psych level of 1.8. but a pair to focus on during the week.
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.