mrleh

GBPAUD beautful trade setup long term for a sell

Long
FX:GBPAUD   British Pound / Australian Dollar
In this pair a beautiful trendline break out and hit to the lower trendline, creating a new bearish trendline cannot be more beautiful in technical analysis. Drawing our support and resistance areas, it is likely the pair will create lower low around the 61.8 fibonacci and continue to make its lower lows and lower highs.

The chart basically says it all.

Good luck

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