Hello traders,
GBPAUD remains in downtrend as recent bounce looks slow and it appears corrective. In fact, rally fits perfectly into an extended bearish wave 3, where price is now ending a sub-wave iv. More weakness in view.
Trade well!
GBPAUD remains in downtrend as recent bounce looks slow and it appears corrective. In fact, rally fits perfectly into an extended bearish wave 3, where price is now ending a sub-wave iv. More weakness in view.
Trade well!
Note
Wave 3 of a bigger impulse, down from 2.08 can be over. A wave 4 correction in view. Resistance at 1.845/1.866.
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Disclaimer
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