After GBPAUD tested a massive resistance line on the weekly chart we saw a strong downtrend which becomes weaker and weaker . We now hit a major support zone horizontal and on the blue downtrend. Targets are uncertain. We move our stop loss in profit once it bounced.
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.