British Pound / Australian Dollar
Short
Updated

Is the news hype on GA over?

137
We saw a big push up (I'm guessing it was from UK inflation news) that stopped at a significant daily resistance and a psychological level of 1.9400. We entered a sell after LTF (H1) had a BOS letting us know some selling sentiment is at this level that could push the price back down.
Note
Closed the trade with a small loss. I was expecting to see more volume at a level like this. Obviously there are still buyers dictating the move up.

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.