Hello everybody!
-On 4 hour time frame i have noticed that price was retested on ascending channel's support line (blue line) and price didn't break trough that line.
-Within 24 hours the price was moving strong in bearish direction and price formed strong down trend at lower time frames(2 hours,1 hour,30 min,15 min,...)
-I believe that price will keep pushing in bearish direction because AUD is way more stronger than GBP so far.
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
-On 4 hour time frame i have noticed that price was retested on ascending channel's support line (blue line) and price didn't break trough that line.
-Within 24 hours the price was moving strong in bearish direction and price formed strong down trend at lower time frames(2 hours,1 hour,30 min,15 min,...)
-I believe that price will keep pushing in bearish direction because AUD is way more stronger than GBP so far.
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.