PipsrusX

GBPAUD retracement to maybe short!!

Short
FX:GBPAUD   British Pound / Australian Dollar
with the daily closure rejecting the weekly and monthy. and the overall weekly and monthly price action clearly recommending a bearish trend continuation after liquidation, bears are in control, well overall.

then again price does not move in a a straight line, thus retracements and pullbacks

in this case, i would anticipate a pullback possible to the point which wold invalidate a bear trend on intraday basis ie 1.8224 ish area. rejecting that level would confirm bearish continuation to the next monthly support 1.8090, and evenutally 1.8 and more
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