There may be an opportunity here for a long on GBPAUD
given a trend break. The potential for this move is supported by the bullish divergence
(illustrated with the red lines). If it breaks the trend resistance (yellow line) The TP would placed in the area where the pair was previously ranging. A reversal here would also serve as a double bottom
from post-Brexit lows.
R:R of position shown: 3.35
Don't forget to look for the PipSqueak Autotrade system on myfxbook.com and subscribe to my trades https://www.myfxbook.com/members/autotra...