British Pound / Australian Dollar

Short

GBP.AUD - Daily Outlook

By UnknownUnicorn180388

Updated

The GBP.AUD is one pair on my watchlist into Monday / Tuesday.

If it meets my rules to do so i will be taking this pair short expecting a retest of the 1.6000 psychological level.

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1hr TF outlook

snapshot

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4hr TF outlook

snapshot

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Pullback occurred as expected, a potential short.

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snapshot

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Awaiting candle close on the 1hr TF prior to entry.

snapshot

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Price has now pushed lower after Monday's pullback, expected a push lower into tomorrow.

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A push lower breaking below 1.6227, a pullback is expected before a further push lower into this week.

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I am expecting a pullback on the 1hr & 4hr TF before another push lower into Monday / Tuesday

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GBP.AUD - Technical Breakdown

UnknownUnicorn180388

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