Fortunately, Trade went our direction. Once there was an opportunity to place profit stops, stops were automatically adjusted. The GBPUSD trade stop is now breakeven and AUDUSD is now secured with minimal profit.
Momentum indicators in the 1 day timeframe show a bullish cross in the oversold zone which means a high probability upward movement in the next few days. Hourly momentum signals are overbought signaling a possible sideways to up movement with the day.
Current Chart
Happy Trading Everyone!
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