Hi everyone:
Nice week to start off on this pair. As GBPAUD formed a nice double tops on daily chart, hitting resistance and looking bearish on the higher time frame.
Here on the 1 hr chart, we see a nice momentum breaking to the downside, now waiting for a pullback to form lower high or bearish flag to sell is a good risk reward trade.
Thank you
Nice week to start off on this pair. As GBPAUD formed a nice double tops on daily chart, hitting resistance and looking bearish on the higher time frame.
Here on the 1 hr chart, we see a nice momentum breaking to the downside, now waiting for a pullback to form lower high or bearish flag to sell is a good risk reward trade.
Thank you
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Daily chart:
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