GBPAUD Down The Drain

On the 4 hour time frame GbpAud is setting up for a nice flush down. When you look at the daily time frame you see this correspondents with the downward channel there that just bounced off from the upper range. Making it not only very likely that the 4 hour will move down but also that it will break the support (red line)

Entry: cmp
SL: 1.6840
TP: 1.6660 > 1.6470

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