GBPAUD POTENTIAL CONSOLIDATION ZONE 16190-15990
GBPAUD is currently in a downtrend from 17651 and approaching potential reversal zone
between 16190-15990, already tagged the upside of 16190 and potential test of 15990.
IF this is a reversal zone then prices will continue higher, however break below here
will retest 15790-15900 zone.
Caution is advised here as there is a probable chance that 15790-15900 could be breached to the downside
IF so then lower price zones :
15675-15546 or 15426-15281.
between 16190-15990, already tagged the upside of 16190 and potential test of 15990.
IF this is a reversal zone then prices will continue higher, however break below here
will retest 15790-15900 zone.
Caution is advised here as there is a probable chance that 15790-15900 could be breached to the downside
IF so then lower price zones :
15675-15546 or 15426-15281.
