Bearish sentiment for GBP/AUD in the short to medium term. The market targets lower levels, potentially towards the blue and red zones marked on the chart.
Further declines are likely if the price continues to respect the descending trendline and resistances such as the OB and FVG.
Further declines are likely if the price continues to respect the descending trendline and resistances such as the OB and FVG.
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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.