I try to make analysis for GBPAUD pair today.
I see this pair still in strong bearish movement . If this pair can break the 1.7400 support level, I predict this pair will go down to the next support at 1.7350 But if this pair go up and break 1.7450 resistent level, I predict this pair will make some correction to the next resistent level at around 1.7500
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 1.7435 and take profit at 1.7350
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.