I have entered a short position on GBPAUD based on the technical analysis indicating a significant supply zone being hit, signaling a potential shift in market sentiment. This strategic decision aligns with my trading plan, which emphasizes the importance of identifying key levels and market dynamics to make informed trading decisions. I will continue to monitor price movements closely, considering factors such as economic data releases and geopolitical events, to manage this trade effectively and maximize potential profits while minimizing risks.
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