GBPAUD DAILY - BEARISH
The GBPAUD pair has begun to exhaust: (Check 1 hour and 4 hour chart). There's also a head and shoulders formation on the 4 hour chart that gives my analysis more credibility.
A bearish trend will begin once 1.83987 is reached.
Short term take profit points:
TP 1: 1.839
TP 2: 1.83
TP 3: 1.825
TP 4: 1.82
A bearish trend will begin once 1.83987 is reached.
Short term take profit points:
TP 1: 1.839
TP 2: 1.83
TP 3: 1.825
TP 4: 1.82
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.