ForexCryptoA

GBPAUD Weekly Forex Forecast 23rd September To 28th September

OANDA:GBPAUD   British Pound / Australian Dollar
Midterm forecast:

There is no trend in the market and the price is in a range bound, but we forecast beginning of downtrend.
Technical analysis:

The RSI uptrend #1 is broken, so the probability of beginning of downtrend is increased.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 48.
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