GBPAUD may worth giving a try on short
British pound was going quite weak following US dollar's retracement, but GBPUSD does not have a clear trend today as the trend on higher time frame is up. GBPAUD, however, has downwards broken key support on 4 hour chart and retested it as a resistance zone. With two weak candle in the yellow box, we may able to find short opportunities with small stop loss after a consolidation.
Trade active
First target is almost reached
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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.