Scenario on GBPAUD

Dec 2

According to this analysis, it is quite likely that a double top has formed in the market, and especially the second top is subdivided into at least two more, which only strengthens my decision to short this market. However, nothing has been decided yet. We are waiting for a test of resistance at the level of 1.956539, then I will monitor the marked zone where a decision should be made. For now, I am staying away.