Here is why;
Monthly;
Price broke a major monthly region at 1.9970 and in the process has formed a higher high which shows that price is bullish.
The long term monthly targets, I believe are 2.0375
However, that is not important for intraday trades
Weekly;
Price broke a major region at 1.9500 and it is yet to retest that region.
I believe that...
GBPAUD daily timeframe shorts, I did this a few days ago I didn't post it I was expecting shorts into 1.88.00 / 1.8500 and 1.8300 from here onwards it is possible that this pair makes new highs before dropping to the downside or it may still continue moving towards the directions of my trade
