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Gbpaudidea

Consolidation | GBPAUDRecap from last week... - If you look at Daily , candlesticks have exhaustion area signaling the Market is not ready to reverse down quite yet - Its likely to Consolidate before breaking to continue to upside or break downward - One thing about GBPAUD and GBPNZD , when in consolidation, it likes to fake a break-out so be watchful - Its not advised to trade in consolidation unless you know what your overall analysis is, thus you can take short profits - Will be updating once the market opens Disclaimer: ***This is not a signal, just an Analysis to share my view on the market.If this if helpful to you, please comment***
by A1access