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Aug 1, 2018 8:24 PM

GBPAUD potential bear flag Short

British Pound/Australian DollarFXCM

Description

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!
Comments
tritonavenue
Your analysis always matches mine :)
Premium_Tendies
@tritonavenue, Great minds think alike
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