SamuelHorton

GBPAUD Potentially Shaping Up for a Short Trade

FX:GBPAUD   British Pound / Australian Dollar
As we can see price has made its way up to an area of significance. In addition a bullish channel has started to form on the daily chart , which comes after a rally out of a decent bearish channel .

Ultimately I remain neutral for now - anything can happen. It will be interesting to see if today's candle closes as a clean high test.
Comment: Resistance level broken.

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nice
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Thanks!
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