A WEARY GBP-AUD
📊 A WEARY GBP-AUD
🌅 Sterling has been on the heat seat for quite some time now, as the market continue to shrug amidst the covid-19 2nd wave in the UK.
❇️ Considering the TA of the chart, sterling is currently ranging around the 1.8400 resistance zone, of which appears to be a very strong long term resistance which haven't shown any sign of weakness lately.
🌼 As the week advances we expect to see a weaker sterling in play and an expected bearish correction of about 250pips- quite unlikely, however, a possible upward stretch to the 100% fibo level @1.850 would yield a more intense sell-off.
🌅 Sterling has been on the heat seat for quite some time now, as the market continue to shrug amidst the covid-19 2nd wave in the UK.
❇️ Considering the TA of the chart, sterling is currently ranging around the 1.8400 resistance zone, of which appears to be a very strong long term resistance which haven't shown any sign of weakness lately.
🌼 As the week advances we expect to see a weaker sterling in play and an expected bearish correction of about 250pips- quite unlikely, however, a possible upward stretch to the 100% fibo level @1.850 would yield a more intense sell-off.
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.