DeGRAM

DeGRAM | GBPAUD channel breaking

Short
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD broke and closed below the psychological level at 1.93000. 

The market broke out of the descending channel, indicating a trend shift.

Price action created a consolidation following the bearish move.
 
We expect a bearish trend since the market created a pinbar pattern on the weekly chart. 


-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.