AlkalineFX

GBPAUD: Bearish Cycle Started

Largo
FX:GBPAUD   Libra esterlina/Dólar australiano
We have shifted from a bullish market into a bearish one.

However, price has begun to lose momentum which suggests to me that a retracement is likely.

We have several liquidity points on the buys that need to be targeted before we can begin to look at selling with the trend again.

Do you like the look of this chart?

Please, support this post with a like and comment!


Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.