GBPAUD is practically neutral on its 1D technical outlook (RSI = 44.487, MACD = -0.002, ADX = 28.797) as the LL leg of the Channel Down was negated by the Double Bottom that was formed today. The 1D RSI turned upwards on a HL trendline and this is a short term bullish call, targeting the top of the pattern (TP = 1.94000).

See how our prior idea has worked out:

GBPAUD: Oversold and in need of a reaction.


## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##
audaustraliandollarbritishpoundChart PatternsCurrenciesForexforextradingGBPGBPAUDgbpaudtradingTechnical IndicatorsTrend Analysis

Telegram: t.me/investingscope
investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
Also on:

Disclaimer