SHORT trade analysis on GBPAUD.
Graph is looking bearish from resistance area - recent Lower Low. Price may complete Elliott Wave Pattern as well. Bearish Engulfing Candle also indicates sell on the chart. Trade idea is also shown on RSI indicator.
Analysis is very similar to the one I posted yesterday - GBPNZD, so you should check it out too.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is looking bearish from resistance area - recent Lower Low. Price may complete Elliott Wave Pattern as well. Bearish Engulfing Candle also indicates sell on the chart. Trade idea is also shown on RSI indicator.
Analysis is very similar to the one I posted yesterday - GBPNZD, so you should check it out too.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
