Livre sterling / Dollar australien
Short
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GBPAUD Pattern Formation

189
This pair has been forming a rising flag (which IMO is a stance for a strong bearish momentum) for the past few months, and failed to complete it when the price did not reach the previous HH at 2.00.

I do anticipate that the bearish momentum will commence and an analysis will follow using a shorter time frame.

Targets; 1.94, 1.928, 1.911
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Note
The price has now completed the falling flag pattern.

Time to look for a breakout and retesting the zone.

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