GBPAUD-LONG
GBPAUD is a correlating pair with AUDUSD. my bias on a technical perspective for AUD is short, as seen on a high time frame, the AUSSIE has been going down strong. with a possible retracement, it can potentially continue to drop & a result, GBPAUD will most likely go long. For GBPAUD, on a weekly timeframe, a shooting star printed on a crucial monthly support zone, with a Moving average cross over on a daily time frame which shows a possible push to the upside. this is my overall opinion on a technical standpoint. throughout the week, we will have to keep an eye out for our fundamentals.
what do you guys think?
what do you guys think?
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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.