GBPAUD (4H) has formed a strong bearish price action. After a double top, the price currently has tested the neckline of the reversal pattern and rejected to the downside with double Doji with lower highs. On daily, we see very strong bearish engulfer and price is likely to continue to drop as the lower timeframe price is showing significant rejection.
Press the like button if you enjoy this content :)
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.