Good morning traders, today we bring you our analysis in GBP/AUD, since we consider that it has upward potential in the short term if certain conditions are met.
🔸First, we see that the price tried to penetrate the long-term Ascending Trendline to the downside, but was unable to consolidate below. In fact, both attempts failed and it was placed inside it again.
🔸After that, it broke the Descending Trendline.
🔸Since then, all we've witnessed is a consolidation of the price.
🔸What we are waiting for is a bullish breakout from the current correction.
🔸If that happens, we expect a bullish move towards the next resistance zone at 1.8400-1.8500.
🔸First, we see that the price tried to penetrate the long-term Ascending Trendline to the downside, but was unable to consolidate below. In fact, both attempts failed and it was placed inside it again.
🔸After that, it broke the Descending Trendline.
🔸Since then, all we've witnessed is a consolidation of the price.
🔸What we are waiting for is a bullish breakout from the current correction.
🔸If that happens, we expect a bullish move towards the next resistance zone at 1.8400-1.8500.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.