GBPAUD – Short signal

Last week I wrote about the GBPAUD, it is trading in a very clear bearish market condition, the next LT support level is more than 400 pips away from where it is currently trading, etc. I’ve been monitoring it, and this morning I got my signal to go short:

Here are the details of my trade:

Entry: 1.5616
SL: 1.5662
TP: 1.5207

I’m risking 46 pips for the possibility to get 409, nice deal ha?

Trade Safe!

Raul Lopez
Forex Training

GBPAUD Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .