Weekly technical analysis of gbpaud


Technical analysis this week for the Pound against the Australian The pair in general is walking inside an ascending channel on H4 and breaking an ascending sub channel with positive momentum also inside the main channel as shown in the diagram above, there is nothing left before the price except the resistance level 1.9705 to tweet up to the level of 2.0000

It is possible to sell from the level of 1.9705 and the stop will break the level up on the H4 and then buy again

The general condition of the husband is descending below the level of 1.9705