GBPAUD ANALYSIS

MARKET COMES FROM A DOWNTREND MEANING THAT THIS IS A POSSIBLE END OF A EXHAUSTION.
TRIANGLE FORMED AS WELL AS IN OUR PAIR GBPNZD, WE CLEARLY SEE THAT THERE IS PRESSURE BOTH WAYS AND IT IS VERY HARD TO PROJECT A PRICE RANGE, WHERE THE MARKET IS HEADING TO,
AT THE MOMENT:
-50EMA IS ABOVE THE 200EMA AND IT IS FUNCTIONING AS SUPPORT FOR THE PRICES.
-OUR APPROACH WILL BE WHEN THIS CHART FORMATION IS BROKEN
Chart PatternsTrend Analysis

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