GBPAUD has broken up through a resistance level.
We will wait for pullbacks to that level and buy signal to confirm that the level is acting as new support.
We will wait for pullbacks to that level and buy signal to confirm that the level is acting as new support.
Comment:
It has gapped away from the mean so this could be a false breakout, in which case we will be looking for sell opportunities once price has broken back down below the resistance level.