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InvestingScope
Apr 10, 2023 5:08 PM

GBPAUD Buy the next pullback. Long

BRITISH POUND / AUSTRALIAN DOLLARICE

Description

The GBPAUD pair is on overbought 1D technicals (RSI = 70.497, MACD = 0.019, ADX = 49.220) with the price also close to the HH trendline of the past 9 months. We are buying the next pullback towards the S1 Zone and the 1D MA50, targeting R1 (TI = 1.9200).


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