GBPAUD - Trading The Range - AGAIN!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈GBPAUD has been hovering within a big range.

Last week, as per our previous analysis, GBPAUD rejected the upper bound of the range and traded lower.

This week, GA is retesting the lower bound of the range acting as a support.

As long as the support holds, we will be looking for longs on lower timeframes, targeting the upper bound of the range.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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