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GBP/AUD BEARS ARE GAINING STRENGTH|SHORT

Short
British Pound / Australian Dollar (FX:GBPAUD)  
EliteTradingSignals Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis GBPAUD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis gbpaud short sell trading bearish forex forecast tecnhicalanalysis containsimage
snapshot
Hello,Friends!

The BB upper band is nearby so GBP-AUD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.887.

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Comment:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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