The GBPAUD breaches the barrier – Analysis – 6-4-2023

Economies.com
2023-04-06 06:28AM UTC

The GBPAUD pair took advantage of the frequent positive pressures to notice its succeed to breach 1.8360 barrier and move towards the bullish track, achieving many gains by touching 1.8680 level.

 

Also, stochastic consolidation within the overbought areas will increase the efficiency of the bullish track by providing the additional positive momentum, allowing us to suggest achieving additional gains that might start at 1.8710 and 1.8830 levels.

 

The expected trading range for today is between 1.8535 and 1.8700

 

The expected trend for today: Bullish

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