GBPAUD More likely SHORTWhat I see in this chart is quite interesting price bouncing nicely in nice bullish channel in weekly TF price touched resistance trend line which lets us to think about bearish signal as you can see price in playing around this area with some bearish pin bars with long bearish shadows, sellers getting stronger in this area, there is two possibility 1. price directly break support trend then pull back to make us enter this position or 2. price go to touch resistance again and make lower high and lower lows, then we can enter in lower highs. 3. there is highly possibility to price make lower high in about 2.0000 then continue to make lower low and lower high (I didn't put in my chart but still is possibility).
Lets which way price is going to choose ...
Just keep follow us, we will let you know where is the best to enter this setup.
Thank you
Good luck ( ;
