The GBPAUD settles below the resistance – Analysis – 15-3-2023

Economies.com
2023-03-15 05:35AM UTC

The GBPAUD pair ended its correctional bullish rebound by facing the major resistance at 1.8330, to keep its stability below it in order to reinforce the domination of the bearish bias for the upcoming period, assuring the importance of gathering the negative momentum to manage to start the negative track by declining towards 1.7945 first, and breaking this obstacle might extend trade towards 1.7650.

 

The expected trading range for today is between 1.8210 and 1.8000

 

The expected trend for today: Bearish

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