British Pound / Australian Dollar

GBPAUD / DAILY / OUTLOOK

Updated

We're currently retesting our major head and shoulders neckline. A clean rejection of this area will provide a very good trading opportunity.

Note

Trade is still not active. Waiting for a strong bear candle.

Trade active

We have entered shorts based off the 4h close. We are still above the neckline for the HS though. The safer entry would be to wait for the next 4h close.

Note

AUD unemployment was lower than expected. Let's push!

Note

Roughly 150 pips in profit.

Trade closed manually

Closed at BE.

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