GBPAUD | Trading Within The Pattern

GBPAUD | Trading Within The Pattern

The inflation figures didn't come out as expected from the U.K front.

It was something that it was expected overall as the global economy is not
performing at all and on the other hand, Europe is facing also the energy crisis
created from the war.

The Inflation data today showed not to be so good and the price is still developing
the pattern.

It depends on how aggressive the sell-off on GBP will be today.
The price movement will confirm that the price should develop within the pattern or
it should move lower.

Thank you and Good Luck!