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Profound_Ambition

GBPAUD 4H

Short
British Pound / Australian Dollar (FX:GBPAUD)  
Profound_Ambition Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Supply and Demand GBPAUD pound aussiedollar Supply Zone Double Top
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trendanalysis supportandresistance supplyanddemand gbpaud pound aussiedollar supplyzone doubletop
Price maxed out at weekly resistance / weekly trend line & failed to break though twice making a "Double top". My only focus for this pair would be short, it would take a lot of bullish movement to break higher so I will only look to trade this pair if GBP losses strength.
Comment:
Strong weekly downtrend that has been holding since august 2015
snapshot
Comment:
4 hour trend reversed after breaking recent uptrend line, now a lower high was made, I'm expecting a lower low to now form
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