jojofang0901

GBPAUD Still Look Fore More Downside

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jojofang0901 Güncellendi   
OANDA:GBPAUD   İngiliz Sterlini / Avustralya Doları

Similarly, we can see the strong bearish move on GBPAUD from the top of the ascending structure.

From the double tops, smaller ascending channel, price reversed down impulsively like I pointed out from the previous outlook.

Now that price has broken out impulsively, there's likelihood of further continuations

What we can wait for is price to form a bigger consolidation structure, and continue the downside move to previous lows.

Thank you
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