GBP/AUD:
The GBP/AUD D1 chart broke below the lower support level, and the price also reversed and fell after testing the broken support level several times. At present, the price has a high probability of consolidating back and forth at this position until one side breaks down/breaks through.
The H1 chart shows that the price reversed and fell after returning to the Fibonacci 0.786 position. The price of the RSI indicator is also forming a death cross, which is expected to continue to fall.
Suggestions for ordering:
Enter the market at a high position and go short.
All transactions involve risks, and the above analysis is for reference only. Be sure to set the number of hands and remember to set a stop loss when placing an order.
