hi, looking to short gbpusd, price action in a critical area of support using trendline, depending on break, I would wait for retest before entering short.
Having failed to break 0.8000 level, Aud/Usd looks set to retrace back to previous resistance level of 0.7400. Price first reached 0.7800 level before sellers bought price down, then reached 0.8000 failing to break. To then retrace and finally tried one more time but stopped at 0.7900
I am following this pair to see if price action can break trendline for...
