GBPAUD is trading in descending channel pattern since a very long time. We think the trend might continue for some more time until the price reaches the support level, as shown in the chart. One can trade with proper risk management and stop loss by considering the downtrend in GBPAUD.

Thanks

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.