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 the pair manage to afford a D1 close beyond 1.7965, the 1.8000 might become an intermediary halt to its rally towards the 1.8070 and to the 1.8160-70 resistance-area. Should prices keep rising after 1.8170, the 1.8200 and the 1.8290 are likely numbers to appear on the chart.
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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 the pair manage to afford a D1 close beyond 1.7965, the 1.8000 might become an intermediary halt to its rally towards the 1.8070 and to the 1.8160-70 resistance-area. Should prices keep rising after 1.8170, the 1.8200 and the 1.8290 are likely numbers to appear on the chart.
HIT LIKE, COMMENT AND FOLLOW FOR MORE PROFITABLE UPDATES.
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