FX:GBPAUD   British Pound/Australian Dollar
109 6 0
Looks like is time to see a correction in this pair.

I'm short from 1.7200, but I will look to add on rallies.
We should see a clear 5 waves down from the highs.

Look below for more charts
traderWgun
3 years ago
23.6 fib is res ATM
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traderWgun
3 years ago
The correction looks like a flat in an uptrend (3 waves down then 3 up and finally 5 down below the first low)

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traderWgun
3 years ago
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It could also be a 5-3-5 or a 5-3-3 in a triangel.
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traderWgun
3 years ago
...but the clear bearish price action on weekly suggests it's not a triangle
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traderWgun
3 years ago
I have added SL 1.7130. looks like 4 wave triangle
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traderWgun
3 years ago
Closed my positions for +150 and +330 pips. Will revisted this pair later
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