GBP/AUD Technical Analysis.
Currently, GBP/AUD is trading at 1.7977. The pair may start a new down trend if it breaks the neck line at 1.7825. Previously, the pair was trading in a down trend and after touching support level started consolidating in the resistance and support levels. The pair may start a new down trend if it breaks the neckline, then its first target price will be at 1.7650 and second target price will be at 1.7474.
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Follow a proper risk management strategy to avoid unnecessary losses and to increase profitibality, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.