GBPAUD Analysis
Expecting a bullish retracement on GBPAUD to 1.89877.
On the daily, the market is also respecting a bullish order.
On the weekly, price has broken our trendline after three touches but the breaking candlestick didnt closed as an inside bar, no clear rejection from the upside. A close below the low of the candlestick should give a clearer bearish momentum.
On the daily, the market is also respecting a bullish order.
On the weekly, price has broken our trendline after three touches but the breaking candlestick didnt closed as an inside bar, no clear rejection from the upside. A close below the low of the candlestick should give a clearer bearish momentum.
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