GBPAUD previously struggled to breakthrough the 1.86900 resistance line which led to a small break of the weekly support line.
There is a break and retest pattern emerging which could see the GBPAUD price dropping. Await for the 4hr candle to close below the support line before entering this trade
Again RSI AND MACD providing support for further GBPAUD price weakening.
Potential for the price action to reach levels of 1.81000
There is a break and retest pattern emerging which could see the GBPAUD price dropping. Await for the 4hr candle to close below the support line before entering this trade
Again RSI AND MACD providing support for further GBPAUD price weakening.
Potential for the price action to reach levels of 1.81000