Hi Guys,
It is a weird Pairs for this time due to the News not supporting them. They can go in the same side but we should find out the rate of accleration/decerleration in comparison with the other currency to trade.
As per my chart, the GBP?AUD is now in the sideways zone and they are now approaching the important Trendline cluster zone. However, as you my see the volume at the top is going down in the sideways Zone and Price can stand on higher Price Area, it may be a signal of "Waiting for Retest the lower trendline before pumping further",
It is a weird Pairs for this time due to the News not supporting them. They can go in the same side but we should find out the rate of accleration/decerleration in comparison with the other currency to trade.
As per my chart, the GBP?AUD is now in the sideways zone and they are now approaching the important Trendline cluster zone. However, as you my see the volume at the top is going down in the sideways Zone and Price can stand on higher Price Area, it may be a signal of "Waiting for Retest the lower trendline before pumping further",
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