Analysis on GBPAUD
In the recent days, prices have broke off the middle yellow zone and rebound, only to be pushed down again, as seen from the various wicks at the middle yellow zone. the previous day ended with the bearish candle nearly engulfing the previous bull candle. Additionally, there is an a support zone 50 to 60 pips down from the current price. a small short allocation can be placed here with 60 pips tp in mind.
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.