Long (buy) position on GBPAUD
The price has crossed the a resistance level which had pivot points. the price did a retest and now the resistance might act as a support level. the price has now started to approach towards the 200 exponential moving average which could act as a new resistance (the black line).
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.