The GBPAUD consolidates below the resistance – Analysis – 22-11-2022

Economies.com
2022-11-22 05:38AM UTC

The GBPAUD pair attempted to provide some correctional bullish trades recently by moving towards 1.7910, taking advantage of the frequent consolidation above the additional support 1.7525, noting that the stability of 1.8100 resistance and the moving average 55 attempt to form additional barrier by moving near 1.8000 allow us to keep the negative overview to keep waiting to decline towards .7690 followed by reaching the mentioned support.

 

The expected trading range for today is between 1.7960 and 1.7700

 

The expected trend for today: Bearish

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