Hello and welcome to my Trade Idea of the currency pair GBP/AUD.
Let's start with the Top Down Analysis.
Weekly: The weekly timeframe is bearish.
Daily: Daily is bearish too with a little pullback to the upside.
H4: On the H4 timeframe we see a bearish trend and the pullback in more detail.
30m: On the 30m timeframe we draw our channel and look for a break to the downside.
Have a nice day.
Let's start with the Top Down Analysis.
Weekly: The weekly timeframe is bearish.
Daily: Daily is bearish too with a little pullback to the upside.
H4: On the H4 timeframe we see a bearish trend and the pullback in more detail.
30m: On the 30m timeframe we draw our channel and look for a break to the downside.
Have a nice day.