GBPAUD could still go higher before a significant drop
Hello traders, currently GA shows us that there is still some room up.
Therefore we could see a push to the 1.94 - 1.95 zone before dropping.
A double top could also be in play, watch the MACD which looks like there may be a divergence.
Keep in mind, we have Brexit news on Friday which could lead GBP to go long hard again.
A safe trade would be to wait for clear down movements on the H4 charts, targetting 1.91
Therefore we could see a push to the 1.94 - 1.95 zone before dropping.
A double top could also be in play, watch the MACD which looks like there may be a divergence.
Keep in mind, we have Brexit news on Friday which could lead GBP to go long hard again.
A safe trade would be to wait for clear down movements on the H4 charts, targetting 1.91
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