Friday, May 10, 2024

-623 Points Loss reached in GBP/AUD Sell Signal
1 mins well spent

Reason for Selling GBP/AUD :

GBP/AUD try to Breakout the bottom level 1.6730 for 3 times, but it fails to breakout.

In 4th attempt, market breakout the bottom level and went down.

It gives the confirmation of Sell Signal.

Due to the Fundamental event speech of BoE MPC Member Haldane, GBP becomes stronger and this makes GBP to move up in short time to reach our SL price level.

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