A continuation on GBPAUD to the upside.
On the daily:
The market is on a strong uptrend
The market is approaching a strong support zone (1.83473-1.84522)
1 &4 Hrly:
Both timeframes indicate that the RSI is moving to the oversold= Price must still continue downwards before a possible divergence
it is recommended for on to take the trade on the retracement as indicated in the long position forecast
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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.