GBPAUD - SELL POSITION

Updated
After a quite respectable fluctuation above resistance level (around 1.65500), the pair seems to retrace back, respecting the resistance level.

More secure entry level would probably be as soon as the 8 EMA breaks the 21 EMA.

Good luck!
Note
The 8 EMA just intersected 21EMA on 4H frame!
Note
R/R 2.7

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