Here is the 1 Hour GBPAUD chart . This is a clear trend to see. downtrend motion, then it stops to consolidate sideways , before continuing the down trend motion.
Comentário:
this was a very weird formation, still have bearish sentiments about this one. It can possibly turn in to a head and shoulders formation, but at the same time it is very over sold. lets stay away from this one till we figure out another pattern