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Andralex_11

GBP/AUD Short

Short
British Pound / Australian Dollar (FX:GBPAUD)  
Andralex_11  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns GBPAUD gbpaudshort Technical Analysis Forex
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trendanalysis chartpattern gbpaud gbpaudshort technicalanalysis forex
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!
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