The GBPAUD is playing out beautifully for us so far. I wrote about the potential for a bearish reversal on Tuesday of last week. At the time, the pair was trading at 1.9110. I managed to get a small short position on from 1.9100, which I also mentioned in the member’s area. If you saw Saturday’s Forex forecast video, you know that 1.8900 was likely to be a factor on the way down. {video} Fast forward to today, and you can see that the GBPAUD is now below that 1.8900 horizontal level. That means any retest of the area should attract sellers. As always, though, it’s going to depend on what type of price action ... (full story)