The GBPAUD resumes the decline – Analysis – 25-1-2023

Economies.com
5 days ago

The GBPAUD pair succeeded to decline below the additional support 1.7505, to open the way to resume the main bearish attack and record 1.7345 level, while stochastic consolidation within the oversold areas will increase the chances of gathering the negative momentum, to manage to resume the decline and wait to achieve the next main target at 1.7195.

 

The expected trading range for today is between 1.7440 and 1.7200

 

The expected trend for today: Bearish

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