GBPAUD - Possible short term reversal

To me it looks as if this pair is in for a possible short term reversal. Bearish pressure still strong so targets should be smaller than usual. If 1.73 fails to reject price we might be headed for a bigger move all the way up towards 1.775.

Trade geschlossen: Ziel wurde erreicht:

First target level reached, puts 1.775 into focus.