I believe that GBPAUD might go higher today, but there are no signs of it going either direction at the time of posting this. I will sit on my hands and wait for a comprehensive setup.
I believe that the pair is neutral even though in the long term I am looking to buy. Reasons I am looking to buy in the long term. The 3 month and the monthly timeframe have broken above the previous notable high. This indicates that price is due to go upwards and that this massive retracement is so that price can go back and collect orders from a certain...
Hi traders, my view for the GBPAUD it can break above or go for one more downside move. Wait for the confirmation before enter in market GOOD LUCK.
Which way it will take ? will it break the resistance ? let's place our orders and stop and wait :)