Hello traders and analysts,
Here is our Daily timeframe scenario -
With the strong Aussie position against the USD - we can see into 2021 - the aussie maintaining the strength.
However - the fundamentals can show a good brexit outcome will advance the GBP back to 1.84 zone
In the meantime the monthly shows the monthly zone between 1.67 - 1.62 for the GBP AUD...
EURAUD is approaching a weekly trendline where it will either bounce or break through. Personally, looking at price action, I believe price will break through and fall to around 1.5800 before retracing back up to retest the trendline as resistance at around 1.6000. However if price bounces we could see it coming back up to the liquidation zone at around...
