GBPAUD Potential Setup

British Pound/Australian DollarFXCM

Description

⋅ Oct 26, 2016 3:33 AM

GBPAUD has broken lower and is still in bearish territory.
However, we see a potential setup for a long provided there's a breakout of the trendline.
GBPAUD is short until breakout, where we will reassess and look for entry into the long.

GBPAUD 1h 4h Daily Charts breakout reversal setup forecast