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GBPAUD Watch for more downside
British Pound / Australian Dollar
Short
GBPAUD Watch for more downside
By jojofang0901
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Apr 27, 2022
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Apr 27, 2022
Hi traders:
Also on my watchlist is GBPAUD, for more downside momentum.
From the top, we can see price clearly have a strong bearish impulse phase,
and formed continuation correction to push the price lower.
The latest development shows us another impulse phase, and follow by an ascending channel correction.
Now that price has broken out of the ascending channel, good to wait for continuation correction to confirm the next down move to the lows.
Thank you
Chart Patterns
correction
Flag
impulse
Parallel Channel
pattern
priceaction
structure
Wedge
jojofang0901
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Also on:
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