GBPAUD looks for directional break of consolidation zone

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British Pound / Australian Dollar (FX:GBPAUD)

FX:GBPAUD British Pound / Australian Dollar

Trend Analysis Chart Patterns Technical Indicators GBPAUD trading tradingsignals Forex forexsignals forextrading profit Bitcoin (Cryptocurrency) Gold

trendanalysis chartpattern indicator gbpaud trading tradingsignals forex forexsignals forextrading profit bitcoin gold

GBPAUD continues to trade within the daily uptrend, however the market has consolidated at the top of the trend amid Brexit uncertainty. On the shorter term, the chart is posting lower highs and equal lows. We are expecting a bearish breakout from this consolidation area.

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