$GBP $AUD, its all about following the trend

FX:GBPAUD   British Pound / Australian Dollar
From last few weeks, we can see AUD is gradually falling as well as Pound is gaining strength agains AUD. As for that, this pair is continuously in a trend which is taking it high and high..

Following the trend will be a very good idea to trade this pair.

There is also a ABCD pattern completing around 1.98. So, I guess we may see some retrace around that area.
Correction: As par @NicoMuselle s idea, we can see, there are 3 ABCD pattern completing around 1.98. Is this could be a game changer? Lets find out.
There is not one but 3 AB=CD patterns actually :)
+1 Reply
IamMuffee Nico.Muselle
Is that the same pair you shared a couple of days ago? :D I forgot.
+1 Reply
Indeed I shared this in the Forex chat ... but good to know that we see the same things ... can only make the idea stronger ! :)
IamMuffee Nico.Muselle
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