GBPAUD Possible Short

6 thg 7, 2017

GBPAUD has been between the 1.7800 High to the 1.5800 Low Range since July of 2016 with a strong support turned resistance around the 1.70600. It has been in the downtrend since May currently retracing but expecting it to continue in a downtrend. I would wait for a break of the CTL and go Short.