VasilyPonomarev

GBPAUD Will Keep Falling!

Short
FX:GBPAUD   British Pound / Australian Dollar

GBPAUD broke a major rising trendline on a daily time frame!

now we can expect further bearish continuation to the next structure levels:

support 1 - 1.92 (based on a match between historical levels and 382 retracement of a major leg)
support 2 - 1.88 (based on a match between historical levels and 618 retracement of a major leg)

good luck!

Comments

Do you think it will break support 2?
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Do you also think that GBPAUD will keep falling?
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