FX:GBPAUD British Pound / Australian Dollar
GBPAUD has been in a downtrend since 10/16 however failed to make a lower low on the monthly support which then formed a 'Double Top'. I am waiting for price to break through my counter-trendline to enter a long-term long position. I believe price could reach to my daily resistance due to previous price action utilising it well. I can also see the Aussie pushing even lower this week.