The GBPAUD is moving higher, and likely it may reach 1.8900-1.8940 just based on the 10-MA vs 30-MA break. However, the stochastic is high, and RSI is also starting to become overbought (not extreme). We also have a NEW MOON phase suggesting we see a correction coming soon.
I feel we can SELL 1.8900-1.8925 and place profit order 1.8760 somewhere. Stop-loss maybe above 1.9000.
I feel we can SELL 1.8900-1.8925 and place profit order 1.8760 somewhere. Stop-loss maybe above 1.9000.
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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.