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EliteTradingSignals

GBP/AUD BEARISH BIAS RIGHT NOW| SHORT

Short
Livre sterling / Dollar australien (FX:GBPAUD)  
EliteTradingSignals  
FX:GBPAUD   Livre sterling / Dollar australien
Trend Analysis Chart Patterns Wave Analysis GBPAUD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

GBP/AUD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 9H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.917 area.

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