GBPAUD TESTING SUPPORT LEVEL 1.98509 , THE POUND HAS DECLINED BY ALMOST 5% AGAINST THE AUSTRALIAN DOLLAR RETESTING THE ASCENDING CHANNEL PATTEN ON TUESDAY....
SO I'M HOPING FOR A CONTINUATION IN THE DOWNWARD TREND FROM HERE ON BUT AS ALWAYS ANYTHING CAN HAPPEN... IF THE ASCENDING CHANNEL HOLDS THE PAIR COULD TRADE HIGHER BUT FOR NOW HOLD ON THE PAIR, IF YOU HAVENT ENETERED THE TRADE LOOK FOR ENTRIES BEARISH ENTRIES UNTIL WE SEE A SHIFT TO THE BULLS
SO I'M HOPING FOR A CONTINUATION IN THE DOWNWARD TREND FROM HERE ON BUT AS ALWAYS ANYTHING CAN HAPPEN... IF THE ASCENDING CHANNEL HOLDS THE PAIR COULD TRADE HIGHER BUT FOR NOW HOLD ON THE PAIR, IF YOU HAVENT ENETERED THE TRADE LOOK FOR ENTRIES BEARISH ENTRIES UNTIL WE SEE A SHIFT TO THE BULLS
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