GBPAUD: Sideways Market & Pullback 🇬🇧🇦🇺

Short

British Pound / Australian Dollar (OANDA:GBPAUD)

Updated

OANDA:GBPAUD British Pound / Australian Dollar

Parallel Channel Double Top or Bottom Multiple Time Frame Analysis GBPAUD forecast trading Technical Analysis pound australiandollar

parallelchannel doubletoporbottom mtfa gbpaud forecast trading technicalanalysis pound australiandollar

snapshot

GBPAUD is consolidating.
The pair is trading within a horizontal trading range.

Yesterday the price reached its resistance.
On that the price formed a dodji candle on a 4h time frame
and a double top formation on 1H time frame.

I expect a bearish move to 0.891 / 0.887

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Comment:

Check my new idea on GBPAUD:

GBPAUD: Update. Important Breakout🇬🇧🇦🇺

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