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Allmypips
Sep 14, 2020 6:18 PM

Trend Broken waiting for pull back entry for more downside.  

British Pound/Australian DollarFXCM

Description

It's too early for bears to panic. This week, hearings in the British Parliament will begin on the Brexit bill, which will continue to put pressure on the GBP/AUD pair. Therefore, sales can be delayed until the update of the larger resistance of 1.8200$ Currently both Country under pressure AUD AND GBP, last week GBP under huge pressure of Brexit talks fail coming days expecting GBPAUD stay sideways and small pullback expecting to hit under trend line.

Seller looking 1.82400 level to re-sell pair towards long term downside 1.6500$ and 1.6000$ support level 3- months time chart.

🛑SUPPORT/RESISTANCE
✅S1= 1.7000
✅S2=1.6540
✴️R1=1.7860
✴️R2=1.8260
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