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Bullandbeartrading

GBP/AUD Trade Idea

Short
British Pound / Australian Dollar (FX:GBPAUD)  
Bullandbeartrading  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Technical Indicators Chart Patterns GBPAUD short Forex Parallel Channel swingtrader
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trendanalysis indicator chartpattern gbpaud short forex parallelchannel swingtrader
Hello and welcome to my Trade Idea of the currency pair GBP/AUD.

Let's start with the Top Down Analysis.


Weekly: The weekly timeframe is bearish.


Daily: Daily is bearish too with a little pullback to the upside.


H4: On the H4 timeframe we see a bearish trend and the pullback in more detail.


30m: On the 30m timeframe we draw our channel and look for a break to the downside.


Have a nice day.
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