📊 GBPAUD Analysis & Trading Plan - August 27, 2024 📈 - By Vladimir Ribakov
The latest technical analysis indicates a potential upward movement for the GBPAUD in the short term. Here’s why:
Daily Chart: The price is bouncing off a strong support zone.
4H Chart: A bullish divergence is observed, along with a breakout of the recent downtrend line.
1H Chart: A bullish trend pattern is forming, signaling further upward momentum.
1H Chart: Look out for bullish trading opportunities from the key Fibonacci levels.
What are your thoughts on GBPAUD? Let’s discuss in the comments below!👇
For more trading insights and real-time education, follow me @vladimirribakov.
#GBPAUD #ForexTrading #TechnicalAnalysis #TradingStrategy #ForexEducation