GBPAUD - Could it really be this easy?
The GBPAUD amazes me with its beautiful setups and symmetry despite a pair capable of moving well over 200 pips per day. We've hit the channel resistance levels and last week sold off nicely to confirm more bearish structure. I like a short position building off of the 50 and 70 retracement levels to target 9100 - even the midpoint of this large channel would make me smile.
