GBPAUD: Bearish Outlook 🇬🇧🇦🇺

Short

British Pound / Australian Dollar (OANDA:GBPAUD)

OANDA:GBPAUD British Pound / Australian Dollar

Multiple Time Frame Analysis Double Top or Bottom Fibonacci GBPAUD pound australiandollar GBP priceaction priceactionanalysis priceactiontrading

mtfa doubletoporbottom fibonacci gbpaud pound australiandollar gbp priceaction priceactionanalysis priceactiontrading

snapshot

GBPAUD is coiling around a solid intraday supply zone.

The price was rejected from that multiple times.
I spotted a double top formation on 1H and a confirmed neckline breakout.

I expect a bearish move at least to 1.6957 support.

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