GBPAUD continues its weekly downtrend. However, since the correction process has not been completed, it is likely to rise to the monthly supply zone to complete this pattern. Then the pattern will be an expanded flat pattern.
As such, AUD versus GBP is likely to weaken to form a pattern.
If the rising impulse falls again below the starting line, this analysis is invalid.
As such, AUD versus GBP is likely to weaken to form a pattern.
If the rising impulse falls again below the starting line, this analysis is invalid.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.