British Pound / Australian Dollar
Short
Updated

GBP Returning to lows against AUD

34
W - suggests it's at the top of a channel
D - suggests the same.
4HR - Tweezer tops
1 HR - Lower high

At previous support and at the top of an ascending channel. Should bounce lower. Catching the down swing.
Trade closed: stop reached
Can't take these trades until the weekly, daily, 4 and 1 hour ALL show the same thing.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.