GBPAUD Expecting this sell move

By jojofang0901

Hello everyone:

GBPAUD has nice bearish price action that could give us a sell opportunity down to the previous lows.

We can see that there is a clear bearish LTF impulse phase that broke out from the ascending channel structure.

This is a great indication for further downside potential, as long as we see a continuation correction to develop and complete to give us the confirmations.

thank you
Chart PatternscorrectionFlagimpulseParallel ChannelpatterpriceactionstructureWedge
jojofang0901

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