The GBP/AUD has been ranging within the grey rectangle drawn.
Last week once again the GBP/AUD failed to break above the resistance and reversed the price which is now at a key support area.
I expect GBP/AUD to retest this support area and the show a reversal with price increasing until the previous key resistance level
Last week once again the GBP/AUD failed to break above the resistance and reversed the price which is now at a key support area.
I expect GBP/AUD to retest this support area and the show a reversal with price increasing until the previous key resistance level
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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.