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VasilyTrader
Apr 25, 2020 2:54 PM

GBPAUD Will Keep Falling! Short

British Pound/Australian DollarFXCM

Description



GBPAUD broke a major rising trendline on a daily time frame!

now we can expect further bearish continuation to the next structure levels:

support 1 - 1.92 (based on a match between historical levels and 382 retracement of a major leg)
support 2 - 1.88 (based on a match between historical levels and 618 retracement of a major leg)

good luck!
Comments
anwaric
Do you think it will break support 2?
VasilyTrader
Do you also think that GBPAUD will keep falling?
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