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Mihai_Iacob

GbpAud to resume its down trend?

Short
British Pound / Australian Dollar (FX:GBPAUD)  
Mihai_Iacob  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators GBPAUD gbpaudshort gbpaudtrade gbpaudanalysis gbpaudsell gbpaudsignal gbpaudsetup
8
2
trendanalysis chartpattern indicator gbpaud gbpaudshort gbpaudtrade gbpaudanalysis gbpaudsell gbpaudsignal gbpaudsetup
The trend for GbpAud is clearly down and after a strong rebound from 1.75, the pair corrected around 800 pips.
Now the long term trend looks ready to resume and a sell trade for a drop to 1.78 could have a more than 1:2 R:R
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