Hello traders,
The GBPAUD may find it hard to extend the latest recovery unless breaking the 1.7955-65 horizontal-region on a daily closing basis.
As a result, there's a chance for pair's pullback to the 1.7900 the 1.7850 can be expected. In case the quote continues declining past-1.7800, the 1.7700-1.7690 and an upward slanting trend-line, at 1.7535.
If at all...
Hello traders,
The EURUSD pair breaking the two-month-old descending trend and opens the door for the zig-zag run, as per now the market printing the signals @ 1.16775 on downward with a chance for a recovery. The pair familiarity may change the game. However, if the pair continues to develop in the downward, the 1.16318 would be the next halt for the price...