#GBPAUD, Trend change?Changes occur in this model of importance.
By March we were on a rising channel then in April the GBP/AUD entered a pattern called Double top which could mark a change in trend (which is what actually happened)Looking at the graph above, you can see that this is the first time in several months that the Pound has gone out of the trend line, On his way down the pound falls below the Moving average 200 (Bear sign).
Target: 1.7440
