GBPAUD Resistance and Expanding Channel
The GBPAUD currency pair has encountered resistance once more as it continues its upward trajectory within an expanding channel pattern. If a bearish breakout occurs at the lower boundary of the channel, we anticipate a retracement towards the vicinity of 1.88 levels.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.