GBPAUD -- Bounce down within it's Channel

GBPAUD has been in this Channel for a month now and it doesn't look like it wants to break out anytime soon... It's already bounced off the top of the Channel and is heading down again...

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Seems to be heading down as planned... Wonder if it will reach the bottom of the Channel... Hmm...

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Well that was pretty much perfect! Now, will it go back up, or continue down.... hmmmm