GBPAUD about to fall?

 

GBP isn’t something I have traded in a while but GBP/AUD is shaping up with some huge potential!

Price has recently pushed back into the top of the weekly channel and is now forming a double top formation on the Daily chart. A rejection here gives us a great short opportunity as we have plenty of room to the downside making the risk to reward huge.

 

The first target here would be back to the neckline at 1.8560 but it has so much more potential long term and could even end up as low as 1.8000.

Become a Member to have full access to the site.

Or Login here

After studying and researching, one of the biggest things people struggle with is actually taking that information and putting it into the market in a consistent and profitable manner. This is why I want to give you all the chance to trade live with me!

Trustpilot Review