GBPAUD potential bear flag

chartpattern trendanalysis beyondta gbpaud gbp pound sterling aud aussie short bearishflag sell

Nice little bear flag forming on this pair here. With the Aussie maintaining it's poise in the face of a hawkish FOMC and falling commodities, the dovish BoE will drive the pound down which I believe will be the catalyst for this flag breaking out nicely.

Good luck!

chartpattern
trendanalysis
beyondta
gbpaud
gbp
pound
sterling
aud
aussie
short
bearishflag
sell

Related Ideas

about GBPAUD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.