OANDA:GBPAUD   Livre sterling / Dollar australien
I believe price will fall to the highlighted region before making its way up.However, I will not be entering a short trade down to this region due to the fundamentals at the moment, but if you dont trade using fundamentals now would be an okay time to enter i believe. I think that price is in a fakeout phase at the moment due to the low volume and consolidating price on lower time frames. I will be patient in waiting for it to come into this area and then place a 2% risk buy upwards hopefully targeting a 1:5.
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