DeGRAM

DeGRAM | GBPAUD channel breaking

Short
FX:GBPAUD   Livre sterling / Dollar australien
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. 


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