Technical analysis on the Australian pound - GBPAUD
Technical analysis on the Australian pound - GBPAUD
11 Feb
11Feb
Technical analysis on the British pound against the Australian dollar:
The pair trades on h4 frame. The top of a broken downtrend and entered an uptrend channel as shown in the above chart. The pair is trying to correct down and break the channel, to reach the buying level of 1.7725. Traders are advised to enter short positions below the broken channel while maintaining a suitable stop loss for all trades.
Technically: the pair is down below the broken channel