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PrinceStanoEmmanuel
Jan 23, 2019 4:34 AM

GBPAUD SELL Short

British Pound/Australian DollarFXCM

Description

GBPAUD shows a 5-0 harmonic pattern. Price is expected to drop after completing a correction at 1.79000 - 1.82000 region. Price is also rejecting the 50% of the shooting star candle... AUD is expected to strengthen against the GBP to a minimum of 1.72000 which is more than 900pips from the current price. A break above 1.85000 render the analysis invalid.
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