We are approaching a significant trend line once again on GBPAUD running back almost 9 months. One of two scenarios are likely here: either we test the trend line and move higher again or break to the downside. Both plays are worth acknowledging as long positions that get stopped can be reversed with a break (closed candle) to go short.
audChart PatternsGBPGBPAUDTrend Analysis
Mrhayek

Penafian