Brunebdx

GBPAUD SHORT SHORT OPPORTUNITY

Short
FX:GBPAUD   Livre sterling / Dollar australien
On the weekly time frame, prices have been respecting this major downward trendline levels, the last retest was December 2022 and now the price is back to the same key level momentarily ranging below the resistance level. since the trend is falling, we will consider going with trend to look for more short opportunities and that will only only if price action gives us entry confirmation, we might have to wait patiently to see how our current candle will close having put into consideration the 200MA is below the currect price

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