Tails with high volume will sign of U-turn : GBPAUD

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Parallel channel expected break-down. Selling in pullback is best opportunity to grab profit on this pair. The projection is mentioned at the chat for future prediction.

----------------------------------------(Weekly view)---------------------------------

• Previous High 2.03533 (double top)
  
• Price is trading in still channel.
  
• Series of tails found on the value high with an excess.
  
• Tails with surged volume (its indicate U-turn)
  

Conclusion: highly prefer to trade in short selling side, therefore projected "falling wave" in the chart.