Hello everyone:
GBPAUD has nice bearish price action that could give us a sell opportunity down to the previous lows.
We can see that there is a clear bearish LTF impulse phase that broke out from the ascending channel structure.
This is a great indication for further downside potential, as long as we see a continuation correction to develop and complete to give us the confirmations.
thank you
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.