GBPAUD Short

17 mag 2020

Overall bias is still bullish, the bulls are still in the driving seat with a clear rejection off the long term descending trend. I think we may see a short-term pullback before a continuation to the downside. Price has now fallen back in to the ascending channel which was previously broken out of before the fall back into this range. I will be looking for the pullback and then sell off period once again.