$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 :)
3-in-1 AB=CD on GBPAUD completing @ structure
+1 Reply
IamMuffee Nico.Muselle
2 years ago
Is that the same pair you shared a couple of days ago? :D I forgot.
+1 Reply
Nico.Muselle MOD IamMuffee
2 years ago
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
2 years ago
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out