GBPAUD | Possible Rejection by Ascending Channel's Resistance

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Initiate Short.

Entry - 1.90964
TP - 1.88973
SL - 1.91562

Reason: The price must satisfy three our conditions before position initiated.
Being Rejected by Ascending channel's resistance or R3.
Lose R2 or horizontal support level.
RSI should be overbought (to confirm)

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.