As we can all see price has been consolidating in a bullish channel. It has just broken and retested it which means that a move to the downside is due to happen next. More confirmations that lead to this move is the 1h MA (moving average) crossover and the strong bearish momentum that has recently been created.
This was my analysis on GBP/AUD and I hope you like it, see you on the next one!
This was my analysis on GBP/AUD and I hope you like it, see you on the next one!