The GBPAUD tends to resume the decline – Analysis – 15-8-2022

Economies.com
2022-08-15 04:17AM UTC

The GBPAUD pair succeeded to gather the additional negative momentum by stochastic crawl towards the oversold areas, to manage to resume the negative attack by surpassing 1.7055 support line, which forms new negative signal to expect targeting new negative stations that might start at 1.6965 followed by reaching the key support 1.6860.

 

The expected trading range for today is between 1.7090 and 1.6965

 

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The expected trend for today: Bearish

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