After several weeks of bearish pressure characterized by a sequence of lower highs, GBP/AUD appears to be confirming a shift in market structure.
The pair has recently broken above its long-term descending trendline and exited a corrective consolidation channel, suggesting renewed bullish momentum.
As long as price remains above the breakout area, further upside could develop toward the major resistance zone between 1.93 and 1.94, where previous market highs are located.
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The pair has recently broken above its long-term descending trendline and exited a corrective consolidation channel, suggesting renewed bullish momentum.
As long as price remains above the breakout area, further upside could develop toward the major resistance zone between 1.93 and 1.94, where previous market highs are located.
Don't forget to leave a 🚀 under the graph and follow me if you liked this analysis.
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Groupe GRATUIT Telegram Analyses & Signaux :
👉 t.me/+yrGLWeBBEBY2MGJk
👉 Report : telegramsub.com/fullpriceaction/report
Disclaimer
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✅ 3 à 5 signaux GOLD par jour
✅ Analyses
Groupe GRATUIT Telegram Analyses & Signaux :
👉 t.me/+yrGLWeBBEBY2MGJk
👉 Report : telegramsub.com/fullpriceaction/report
✅ Analyses
Groupe GRATUIT Telegram Analyses & Signaux :
👉 t.me/+yrGLWeBBEBY2MGJk
👉 Report : telegramsub.com/fullpriceaction/report
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.