The overall trend is downward. Ascending patterns of the H4 and H2 levels are truncated. Awesome Oscillator shows bearish divergence, while Stochastic Oscillator signals overbought condition. A breakout of 1.7626 will result in the formation of a descending pattern, which completed the ascending truncated pattern of the H2 level.
GBPAUD rate online: monitor the price movement in real time.
Trading idea:
Sell on the breakout of 1.7626.
Stop Loss: 1.7700.
Target levels: 1.7550; 1.7440.