GA not looking good, whatever sell comes will be sharply down
British Pound/Australian DollarFXCM
Description
⋅ Expecting the type of protracted non-stop selling that pushes hourly candlesticks below lower bollinger bands for a long time before exhausting.
Am neutral, just observing that breakdown (cyan line) that has acted as pivotal point. Continuing observations from my short call late last month, tradingview.com/chart/GBPAUD/9YwjuhzP-GBPAUD-bearish/.
If I had to guess on where selling might exhaust, it'd be at the bottom of that grey channel.