GBPAUD: Bearish Butterfly Pattern / Watch To Sell

From our previous analysis, the price made a very strong move during the RBA and invalidated the previous pattern. Now we are in the situation that the price completed this butterfly pattern and we can look again for another selling opportunity. Any price move above the peak at 1.9154 would open the doors for more increases in the price.

Targets:
1.9000
1.8908
1.87880

Thank you and Good Luck!

Trade closed: target reached:

GBPAUD: Target Reached +105 pips

Trade closed: target reached:

TP2 +186 pips move

Trade closed: target reached:

+197 pips

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