Tim298

GBPAUD: SHORT TRADE IDEA (250 PIPS REWARD)

Short
FX:GBPAUD   Livre sterling / Dollar australien
GBPAUD is looking bearish as buyers are losing hold from the 61.8% fibonacci level, Hopefully bearish sentiment continues with this momentum and drive price downwards towards 1.9300 level(TP level). This would certainly be a move for next week.

Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.

Goodluck !

Happy Friday :)
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