The GBPAUD renews its positive action – Analysis – 29-11-2021
Economies.com
2021-11-29 07:45AM UTC
The GBPAUD pair started to get the positive momentum, to move away from the major support near 1.7700, forming bullish rally and achieving 1.8766 level recently.
Now, the moving average 55 forms additional support at 1.8370, in addition to stochastic providing the positive momentum signals, which allow us to suggest more bullish attempts that might target 1.8965 followed by 1.9155 levels in the medium term period.
The expected trading range for today is between 1.8540 and 1.8900
The expected trend for today: Bullish
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