VForex
Short

Bearish Week for GBPAUD

FX:GBPAUD   British Pound/Australian Dollar
GBPAUD             is currently in a bearish channel on higher timeframe.
- Potential ABCD
- Break of red trendline incoming
- Respecting the 78.6% retracement
- RSI overbought
Comment: Idea invalidated, but the short principle is still valid.
Wait till the red trendline will be broken.

snapshot
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