ForexGoldenBoy

GBPUSD : Bearish scenario

Short
FX:GBPAUD   British Pound / Australian Dollar
Hello to all
My personal analysis for this pair:

1. The trend was bearish (red line)
2. The decline was interrupted by a bullish retracement (green line)
3. The retracement was stopped by a bullish resistance turned bearish support (black line)
4. The decline resumes in a new bearish channel after a rebound (brown circle)
5. Bearish scenario pending new elements
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