chic

[GBPAUD] 1H - Bearish Flag

Short
chic Updated   
FX:GBPAUD   British Pound / Australian Dollar
After the 24-bars (1 day) drop of over 400 pips, GBPAUD is consolidating in a flag pattern. I expect a break lower since AUD is currently favored over GBP, fundamentally.
Comment:
Successfully claimed about 100 pips
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