GBPAUD - 240 - Still in a falling wedge

2019-11-05 20:42:48

Trade idea.

Normally, a falling wedge pattern tends to break to the upside, but so far, the pattern is taking its time. This is why we will remain neutral for now and wait for a break through one of the highlighted areas, before examining a further short-term directional move.

Don't forget your stop-loss.