GBPAUD is set to continue declining. The pair is in a strong bearish momentum. Bears defended the previous low at 1.77 and it seems to me that the pair will continue to struggle and the downward move is more likely. It also broken the rising trendline to the bottom on 3 hours timeframe. I predict price to fall at least to 1.71.
Left Frame: 3 Hours timeframe
Right Frame: Daily Timeframe
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Left Frame: 3 Hours timeframe
Right Frame: Daily Timeframe
Traders please support this idea with likes if you find this helpful. Thanks
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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.