The overall trend of GBPAUD is a Bearish Trend. You must know that the bearish trend is pretty strong with the current market condition.

However, there is a counter-trend trading opportunity; a bullish bat pattern has been completed, and at this moment, it is having its retest. You can wait for a 3-bar reversal pattern before engaging the trade.
askforex100Bullish BatCandlestick AnalysischeckbackcountertrendGBPAUDHarmonic PatternsrsidivergencersioversoldSupport and Resistance

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