GLTCAPITAL

GBPAUD SHORT - ANALYSIS

Short
FX:GBPAUD   British Pound / Australian Dollar
We see longer term bearish GBPAUD. As you can see here price bounced off 1.88 weekly resistance area and broke through an ascending trendline and then made a re-test of weekly resistance area forming a double top. We also have MACD divergence confirmation. Next daily support areas are at 1.81 and 1.78 and then we have strong weekly support area at 1.73 where is also our short position target.
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