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Traderscope

GBPAUD is on the top of a bearish channel

Short
British Pound / Australian Dollar (FX:GBPAUD)  
Traderscope Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Trend Lines GBPAUD
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trendanalysis supportandresistance trendline gbpaud
I identified a channel on the chart for GBPAUD. The price has reached the top line of the channel and has shown a beautiful red candlestick. This means that the trend could go down in the next 24-48h. As seen on the chart, a stop loss above the last higher is pertinent at 189.60.
A take profit place at 1.8550 could be a good option to catch a big movement.

Enjoy!
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