Looking at the GBPAUD pair currently, we see a correction status forming off the latest overall downtrend.
With that being said, we are looking to see a break out of daily Trendline, or the possible further drop. In order for this to happen, we are looking for the pair to break the bottom corrective trendline, in which case we will sell the breakout and wait for further consolidation.
Looking forward to an exciting week of trading, with many pairs giving amazing setups
Happy Trading!
With that being said, we are looking to see a break out of daily Trendline, or the possible further drop. In order for this to happen, we are looking for the pair to break the bottom corrective trendline, in which case we will sell the breakout and wait for further consolidation.
Looking forward to an exciting week of trading, with many pairs giving amazing setups
Happy Trading!