Be wary to treat the GBPAUD the way the GBPUSD is going atm. While some of the GBP crosses are largely technically bearish, be careful with GBPAUD. Compare the D1 and W1 tfs. We still have a bullish mode in play on GBPAUD even though there has been a bearish price action recently. On the W1 tf, market operation is at a confluence zone of a horizontal support and a rising trendline (blue).
I may be wrong. Trade safe and prosper.
KP
I may be wrong. Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money
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