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Trading Idea - GBP/AUD, 29-08-2023
Trading Signal: GBPAUD
| Order | Buy |
| Direction | Range Bound |
| Pattern | Trading in downward channel |
| Interval | 1 hour |
| Length (Candles) | 3 |
Idea Summary
The short term GBPAUD price forecast is bullish. The GBPAUD price is testing the lower bound of a downward trading channel. Most likely the price will reflect off the lower bound and start rising while there is a likelihood it may continue falling and breach below the support.
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