GBP/AUD: Parallel channel, 80 pips in play!

By SwissPips
Updated
Hey there,

It seems we have a parallel channel in place with the pair, so the downtrend should continue next week.

Wait for the prices to test the dotted trend line before entering any position.

Profit target: around 80 pips.

Feel free to like/comment my ideas.

Trade at your own risk.

Cheers

Jesse
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snapshot
Trade closed: stop reached
audBearish PatternsChart PatternsForexGBPGBPAUDpatternshortstrategytrendTrend Analysis

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