GBPAUD price in channel, its make bullish push in last periods, in week before we are have BOE and some events in last day two like GBP CPI, from events looks like GBP is gather bearish power and technicals on lower TFs are strong bearish.We are have and TRIPLE TOP apttern, on top of channel.
Here for next periods expecting bearish changes.
SUP zone: 2.06200
RES zone: 2.01500, 2.00600
Trade active
Price is make revers on sup zone 2.04000, here now we need to watch on break of 2.05000, after break expecting push till 2.03500,and around 2.03500 expecting new bearish push/signs.Note
At end we are bullish push, price its not come on our points, its make bounce on same, but still keeping eye on this trade, expecting soon new analysis on GBPAUD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.