GbpAud- to drop from resistance
Since the double bottom and 1.74 low marked in January, GbpAud has had an impressive rally with the pair gaining around 1700 pips.
Now the pair is trading in resistance and a drop from here is possible.
1.85 could offer support and be bears target with the price closing above 1.9 negating this scenario
Now the pair is trading in resistance and a drop from here is possible.
1.85 could offer support and be bears target with the price closing above 1.9 negating this scenario
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