GBPAUD is in downtrend and important intraday level has been broken - 7765 which is 23.6 of the last bearish intraday swing. POC comes close to DPP, H3 and 50.0 fib and we also see that this level provided some near term history of selling after the successful breakout of the level. 7795-7800 could give us short opportunities towards 7715 initially.
The analysis and the article presents Nenad's opinion. Remember, financial trading is highly speculative & may lead to the loss of your funds. Proper risk management is the Holy Grail of trading.
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