GBPAUD is on the top of a bearish channel

21 Eyl 2021

I identified a channel on the chart for GBPAUD. The price has reached the top line of the channel and has shown a beautiful red candlestick. This means that the trend could go down in the next 24-48h. As seen on the chart, a stop loss above the last higher is pertinent at 189.60.
A take profit place at 1.8550 could be a good option to catch a big movement.

Enjoy!

23 Eyl 2021

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