GBPAUD: Important Decision Ahead 🇬🇧🇦🇺
Hey traders,
GBPAUD is approaching a solid rising trend line on a daily time frame.
Depending on the reaction of the price to that, I see 2 potential scenarios:
If the price breaks and closes below that,
I will expect a bearish continuation to 1.731 level.
If bulls violate a resistance line of a tiny rising wedge pattern and close above that,
I will expect a bullish movement at least to 1.765
I believe that probabilities are on a bullish side.
However, let's see what will happen!
What do you expect?
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✅Join My Telegram Channel: t.me/VasilyTrading
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💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.