GbpAud near MONTHLY resistance, it might go down.

Ok this is just an idea, a big maybe based on what I see, and what I see is a montly resistance over there (RED LINE) which I seriously doubt that could be overpassed but... who knows, right?

Let's just see what happen but I'm expecting a bounce here, other way to say it is: the sentiment is bearish.

Kommentera:

That0s a very good 260 pips descent.
I'm expecting a re-test of the previous resistance.