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SamuelHorton
Oct 29, 2015 6:51 AM

GBPAUD Potentially Shaping Up for a Short Trade  

British Pound/Australian DollarFXCM

Description

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.
Comments
wenshan
nice
SamuelHorton
Thanks!
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