SanShone

GBP/AUD failed to break resistance

Short
FX:GBPAUD   British Pound / Australian Dollar
Price failed to break our resistance zone. It formed bearish move, but then bulls stepped in and we got one huge bullish wick rejection. At this point it is very hard to say where will price go, but I think that chances are higher for the price to go down.

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.