GBP/AUD Bearish View by ThinkingAntsOk
🔸 4H CHART EXPLANATION:
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🔸 Price is on a clear downtrend moving inside a Descending Channel.
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🔸 It has broken the Support Zone at 1.9200 and now it is looking for a pullback to that level.
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🔸 It has potential to reach the Support Zone at 1.8800 if the downside move continues.
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🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
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🔸 Price is on a clear downtrend moving inside a Descending Channel.
.
🔸 It has broken the Support Zone at 1.9200 and now it is looking for a pullback to that level.
.
🔸 It has potential to reach the Support Zone at 1.8800 if the downside move continues.
.
🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
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