Could pull back to the daily trend line (green) but definitely looking for upside there after to meet the 50% retracement of the prior down move.
Even a tag below the trend line wouldn't entirely mean bearishness, but at this point you could also look for flags to take the sells.
Longer term the GBPAUD should strengthen
Even a tag below the trend line wouldn't entirely mean bearishness, but at this point you could also look for flags to take the sells.
Longer term the GBPAUD should strengthen
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Twitter: twitter.com/TradersMission
The information provided by Traders Mission is for educational purposes only. All information is provided in good faith and is not financial advice.