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DeGRAM
Jan 5, 2023 8:30 AM

DeGRAM | GBPAUD trend continuation opportunity Short

British Pound/Australian DollarFXCM

Description

GBPAUD tested the psychological level at 1.7700 and went down.

The market is trading in the descending channel, indicating a bearish trend.

Price action created a double bottom after a massive bearish move.
 
We expect a trend continuation trade.


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Comments
TheTradersAvenue
Very great analysis. Thanks
Williamforex
Great setup
ArmanShabanTrading
awesome 👍🏼
JoeChampion
Brilliant buddy!
JoeChampion
Lovely mate!
basictradingtv
Great chart work as always!
DeGRAM
Good luck in the markets and have a great one!
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