GBPAUD SHORT SETUP.
On GBPAUD seems like we might have a rally either side anytime soon, price been trading below the 4years BEARISH FLAG, finding resistance at @ 1.8445 zone several times, now trading in a range bond zone between the new resistance 1.8445 zone and 1.7570 as support.
We've this wedge pattern on 4hrs chart within the range bond zone, a break out to either side will be the next run, with the overall downtrend on the pair, i'll be looking out for a break to the downside, with target at the next level of support @ 1.7570.
We've this wedge pattern on 4hrs chart within the range bond zone, a break out to either side will be the next run, with the overall downtrend on the pair, i'll be looking out for a break to the downside, with target at the next level of support @ 1.7570.
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