FX:GBPAUD   British Pound / Australian Dollar
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I'm new to FOREX trading and this was one of my first technical analysis so please give me criticism and advance it would be greatly appreciated.

GBPAUD shows a downtrend with the price falling bellow the SMA / Volume suggesting a bearish market setting it self up for a short once the resistance on the trend line has been tested. The low trading volume also supports the evidence of a week market, setting up for a potential short.

Again I am new to FOREX and technical analysis so please feel free to give me feedback :)

Comments

If this was you first attempt, I'm pretty sure you'll have a bright future 💪
+1 Reply
@Mr_Boom Thank you, do you have any advice/criticism?
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I think the breakout should be upside
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