This is my idea for GBPAUD.
We are in a rising wedge so will expect a break below the wedge. So I am selling and will look for rejection and the bottom of the wedge to possibly buy back to the top. Be careful as this might make a false break down before coming back up to the top of the wedge where I would expect the final push down.
We are in a rising wedge so will expect a break below the wedge. So I am selling and will look for rejection and the bottom of the wedge to possibly buy back to the top. Be careful as this might make a false break down before coming back up to the top of the wedge where I would expect the final push down.