myronemoyo

Downside a possibility?

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FX:GBPAUD   Libra Esterlina/Dólar Australiano
We are back into the 1.79000 Supply Zone, this could extend up to the 1.8000 zone, before we see a clear rejection. My bias is still bearish. Me thinks this is a mild bit of short squeezing and a bull trap in the bigger scheme of things. The Head and Shoulders has not been completed due to Fundamentals. But who knows with this Brexit thing.

We wait.

Hit me up if you have any questions.

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