GBPAUD rejected from downtrendline with strong bearish movement
Pair is based below key level at 1.8245
Price is based below HVN at level 1.8153 which indicates that pair is in distribution phase
Below SMA 100
MACD shows bearish momentum
RSI broke uptrend
We r waiting price to exceed next support level (1) at 1.8120 to open short trade
It's expected to target support level (2) at 1.7990
Pair is based below key level at 1.8245
Price is based below HVN at level 1.8153 which indicates that pair is in distribution phase
Below SMA 100
MACD shows bearish momentum
RSI broke uptrend
We r waiting price to exceed next support level (1) at 1.8120 to open short trade
It's expected to target support level (2) at 1.7990
Trade active
price running with +73 pips in profit
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.
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.