Long The GBPAUD On Trendline & Resistance Break
Just got long the GBPAUD, aiming for a 2.5:1 risk / reward. Stop currently at 1.5273. I’ve cut half of my USDCAD position at break even. My view on the overall equity markets / Forex risk based pairs is that it’s under pressure. Per my March 6th post, and follow up on March 8th where the S&P rose but in lighter volume, I remain cautious….
Trade safely!
Jon