This pair as broken then ascending correction with an impulse. We cans see that this pair has made multiple flags on the way down. Simply wait for another bear flag and enter.
We are heavily bearish on the GBP so this would be a good trade. 400 pips atleast!
We are heavily bearish on the GBP so this would be a good trade. 400 pips atleast!
Note
GBPAUD Update - 
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.