GbpAud is approaching area of resistance at 1.79595. After seeing that sellers quit at a smaller timeframe it is reasonable to open a buy.
Risk/Reward: 1.54 (However thare are big chances for the up trend).
ملاحظة
Be ready to open the trade soon.
ملاحظة
We expected reversal earlier and as you can see the seller can still hold the market down. A reason for seeing this as a buy is MADC that starts to going sideways, which means an opportunity for reversal, slowing down of the downtrend.
تم حذف الأمر
Sellers are strong we do not recommend looking at this as a buy.
GBPAUDTechnical AnalysisTrend Analysis

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