Timonrosso

TRADE UPDATE GBP/AUD looking good for upside!

Long
OANDA:GBPAUD   Livre sterling / Dollar australien
Inverse H and S formed on GBPAUD we had bullish indicators.
7>21
Price>200 - Bullish
RSI >50 Higher lows
The trade is playing its course and as long as the uptrend support level holds, it's good to keep.
Target 1.8789
If the price breaks below, I would raise my stop loss to lock in profits.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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