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GBP/AUD BEARS ARE GAINING STRENGTH|SHORT

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Paun British / Dolar Australia (FX:GBPAUD)  
EliteTradingSignals  
FX:GBPAUD   Paun British / Dolar Australia
Trend Analysis Chart Patterns Wave Analysis GBPAUD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

GBP/AUD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.885 area.

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Penafian

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