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GBP/AUD BEARS WILL DOMINATE THE MARKET|SHORT

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Libra Esterlina/Dólar Australiano (FX:GBPAUD)  
EliteTradingSignals  
FX:GBPAUD   Libra Esterlina/Dólar Australiano
Trend Analysis Chart Patterns Wave Analysis GBPAUD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis gbpaud short sell trading bearish forex forecast tecnhicalanalysis containsimage
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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 17H 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 1.890 area.

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