FX:GBPAUD   British Pound/Australian Dollar
642 80 9
IMHO, i need to see price making another high bar next month and momentum giving me a nice bearish divergence to consider holding a big short position

Immediate resistance: the upper downtrend channel line
horizontal resistance: ~ 2.0693
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Both are currently weak pairs, I'd stay away for some time at least.
Although your levels look good.
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jangseohee IvanLabrie
ok
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IvanLabrie PRO jangseohee
What broker are you using?
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jangseohee IvanLabrie
Thinkorswim
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MertErten IvanLabrie
GBP losing strength overall,
AUD getting stronger vs USD.

I'm already in the short trade,
have a nice year.
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Indeed, I failed to notice a few things...looks like a terrific setup.
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jangseohee MertErten
AUD also gaining strength on EUR
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jangseohee MertErten
bearish divergence happen faster than expected!
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longer data
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though it didnt go as high as i expected, price did made another two higher monthly bar as expected
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IvanLabrie PRO jangseohee
Could be forming a longer term wedge.
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