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GBPAUD: Important Breakout
British Pound / Australian Dollar
Short
GBPAUD: Important Breakout
By VasilyTrader
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Nov 4, 2020
4
8
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16
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Nov 4, 2020
GBPAUD broke and closed below a major daily trend line.
the price had set a lower high before the breakout happened.
looks like the price is preparing to reverse after September's bullish wave.
on hourly the price is currently retesting a broken trend line.
the price has formed a double top with a lower high and just broken its neckline.
the price will most likely keep falling now.
first goal - 1.816
aud
australiandollar
Chart Patterns
GBP
GBPAUD
pound
poundsterling
SELL
short
swing
Trend Analysis
Wave Analysis
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