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GiannisVasilopoulos
Jan 12, 2020 7:33 PM

GBP/AUD- VERY IMPORTANT FORECASTING  Short

British Pound/Australian DollarFXCM

Description

Hello, Traders

Lets start our week with a very nice and clear technical analysis chart pattern. I want to be clear on these one.
1) Important resistance from 2014 and multiple times tested.
2) We are waiting complete formation of head and shoulders or downside massive sell.
3) Price Action Analysis close of the weekly candle shows pressure of sellers.
4) Target 150-200 pips on the following week and maybe more until the support trend line.

I want opinions on these one.


Thank You.
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