FadiZakka

GBPAUD WAVE/PATTERN ANALYSIS

Short
FX:GBPAUD   British Pound / Australian Dollar
Hello Traders,

GBPAUD continues to trade within the daily uptrend, however the market has consolidated at the top of the trend amid Brexit uncertainty.

On the shorter term, the chart is posting lower highs and equal lows. We are expecting a bearish breakout from this consolidation area.

Good luck and trade safely!

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.