This is a closer look at my weekly analysis of the pair stating that we may see a sell for the following reasons (A link to the idea will be provided below)
TECHNICALS the GBPAUD has once again come to the resisting trend line. price after breaking below has made its way back to retesting the supporting trendline. we are also nothing a strong daily resistance that price is respecting on lower time frames. The RSI has shown us price is now over bought meaning sellers may soon take over. ------------------------------------------------------------------------------------------------------ FUNDAMENTALS TUESDAY, JANUARY 11 00:01 GBP BRC Like-For-Like Retail Sales (YoY)(Dec)
00:30 AUD Exports (MoM)(Nov) AUD Imports (MoM)(Nov) AUD Retail Sales s.a. (MoM)(Nov) AUD Trade Balance (MoM)(Nov ------------------------------------------------------------------------------------------------------- SOUTH AFRICAN FUNDAMENTAL RELEASE TIMES (CAT) TUESDAY, JANUARY 11 02:01 GBP BRC Like-For-Like Retail Sales (YoY)(Dec)
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.