GBP/AUD just landed over a mayor and old resistance level in the weekly and daily timeframes. RSI shows oversold on both timeframes. I'm not opening any positions yet, I want to see a nice bounce off with big volume before it, or a bullish daily pattern like a double bottom. Keep it on your watchlist. GBP/NZD is doing the same.
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.