Forex48_TradingAcademy

GBPAUD Setup Short & Setup Long

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OANDA:GBPAUD   Libra Esterlina/Dólar Australiano
On GBPAUD, we have a bearish setup around 1.869. As the price has been descending, it has formed a validated supply zone with two spikes around 1.8780. Following the Forex48 strategy, I have highlighted the entry zone defined as the Point of Interest (POI). The target for the short trade is expected at 1.8620.

Let me know what you think.

Happy trading to everyone.

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